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Truecaller boosts treasury stake with latest share buybacks

Story Highlights
  • Truecaller repurchased 1.4 million B shares in week 8, lifting total current-program buybacks to 10.66 million shares.
  • Ongoing authorized buybacks now give Truecaller 5.55% of its capital in treasury, underscoring confidence and potential EPS support.
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Truecaller boosts treasury stake with latest share buybacks

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Truecaller AB Class B ( ($SE:TRUE.B) ) has shared an update.

Truecaller AB has continued its ongoing share buyback programme, repurchasing 1.4 million Class B shares during week 8 of 2026, equal to 0.40% of the company’s outstanding capital. Since the start of the current programme in May 2025, the company has bought back a total of 10.66 million shares, bringing its total treasury holdings to 14.61 million B shares and 5.01 million C shares, or 5.55% of outstanding capital.

The buybacks, executed on Nasdaq Stockholm by Carnegie, form part of a broader capital allocation strategy authorized by shareholders that allows Truecaller to hold up to 10% of its own shares. With 353.79 million total shares and 334.17 million outstanding, the accumulated repurchases across several multi-year programmes signal management’s continued confidence in the company’s long-term prospects and may support earnings per share and shareholder value over time.

The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK12.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.

More about Truecaller AB Class B

Truecaller AB, listed on Nasdaq Stockholm, operates a global platform focused on verifying contacts and blocking unwanted communication. The company enables safer, more relevant conversations for individuals and facilitates efficient, trusted interactions between businesses and consumers, with a particular emphasis on combating fraud and spam in emerging digital markets.

YTD Price Performance: -43.01%

Average Trading Volume: 2,838,393

Technical Sentiment Signal: Sell

Current Market Cap: SEK3.57B

Learn more about TRUE.B stock on TipRanks’ Stock Analysis page.

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