Cision PR Newswire

Correction: Repurchase of Truecaller B shares in week 37, 2023

 This is a correction of the press release sent out this morning where weighed average share price per day was incorrect for certain days.  Information has been corrected below.

STOCKHOLM, Sept. 18, 2023 /PRNewswire/ -- During 11 September 2023 and 15 September 2023 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 429,902 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 7 June 2023. The share buyback programme will run between 7 June up until the 2024 AGM which will be held in May 2024, and is carried out in accordance "Emittentregelverket".

On the Annual General Meeting 2023 the Board was authorized to buy back B-shares up until the Annual General Meeting in 2024. 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 volume
(number of shares)
:

Weighted average share
price per day (SEK):

Total daily transaction
value (SEK):

11 September 2023

125 000

37.153

4 644 158

12 September 2023

125 000

36.897

4 612 169

13 September 2023

100 000

36.306

3 630 617

14 September 2023

4 902

37.170

182 207

15 September 2023

75 000

38.143

2 860 739

Total accumulated over week 37/2023

429 902

37.055

15 929 890

Total accumulated during the buyback program

6 109 754

35.497

216 878 542

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 19.391.533 B shares and 5.600.000 C-shares as of 15 September 2023. The total number of shares in Truecaller including own shares is 379.559.710 and the number of outstanding shares excluding the own shares is 354.568.177.

For more information please contact:
 Andreas Frid. Head of IR & Communication
+46 705 290800
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 356 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

The following files are available for download:

https://mb.cision.com/Main/20429/3836689/2299566.pdf

Press release TRUE SBB week 37 2023 eng

 

Cision View original content:https://www.prnewswire.com/news-releases/correction-repurchase-of-truecaller-b-shares-in-week-37-2023-301930201.html

SOURCE Truecaller AB

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