Yahoo Finance Repurchase of Truecaller B shares in week 24, 2024
STOCKHOLM, June 17, 2024 /PRNewswire/ -- During 10 June 2024 and 14 June 2024 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 450,000 own B shares (ISIN: SE0016787071) as part of the share buyback programme initiated by the board of directors.
The share buybacks form part of the share buyback programme announced by Truecaller on 28 May 2024. The share buyback programme will run between 28 May up until the 2025 AGM which will be held in May 2025, and is carried out in accordance "Emittentregelverket".
On the Annual General Meeting 2024 the Board was authorized to buy back B-shares up until the Annual General Meeting in 2025. The new authorization means that buybacks may be made so that the company's shareholding does not exceed ten (10) percent of the total number of shares in the company outstanding as of the date of the annual general meeting.
Date: | Aggregated daily | Weighted average | Total daily |
10 June 2024 | 75 000 | 36.97 | 2 772 795 |
11 June 2024 | 75 000 | 37.44 | 2 808 315 |
12 June 2024 | 150 000 | 34.45 | 5 167 065 |
13 June 2024 | 75 000 | 34.46 | 2 584 530 |
14 June 2024 | 75 000 | 34.67 | 2 600 115 |
Total accumulated over week 24/2024 | 450 000 | 35.41 | 15 932 820 |
Total accumulated during the buyback program | 965 000 | 36.20 | 34 934 041 |
All acquisitions have been carried out on Nasdaq Stockholm by Carnegie on behalf of Truecaller.
Following the above acquisitions. Truecaller's holding of own shares amounts to 965,000 B shares and 5,600,000 C-shares as of 14 June 2024, which corresponds to 1.86% of the outstanding capital.
The total number of shares in Truecaller, including own shares, now amounts to 352,540,414 and the number of outstanding shares, excluding own shares, amounts to 345,975,414.
For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 29 08 00
andreas.frid@truecaller.com
About Truecaller:
Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 400 million active users, with more than a billion downloads since launch and around 50 billion unwanted calls identified and blocked in 2022. Headquartered in Stockholm. since 2009. we are a co-founder led. entrepreneurial company. with a highly experienced management team. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information. please visit corporate.truecaller.com
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Press release buybacks week 24 2024 Truecaller |
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SOURCE Truecaller AB
