tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Truecaller Continues Strategic Share Buyback Program

Story Highlights
Truecaller Continues Strategic Share Buyback Program

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Truecaller AB Class B ( ($SE:TRUE.B) ) has issued an announcement.

Truecaller AB has repurchased 150,000 of its own B shares as part of its ongoing share buyback program, which began in May 2025 and will continue until the 2026 AGM. This initiative, conducted through Nasdaq Stockholm, aims to enhance shareholder value and manage the company’s capital structure, with the current buyback totaling 725,000 shares. The company’s current holding of its own shares now represents 2.73% of the outstanding capital.

The most recent analyst rating on ($SE:TRUE.B) stock is a Buy with a SEK61.00 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 is a leading global platform that specializes in verifying contacts and blocking unwanted communication, aiming to facilitate safe and relevant conversations. It plays a crucial role in digital economies, particularly in emerging markets, by combating fraud and unwanted communication. Truecaller serves over 450 million active users and is listed on Nasdaq Stockholm since October 2021.

YTD Price Performance: -6.18%

Average Trading Volume: 1,095,806

Technical Sentiment Signal: Sell

Current Market Cap: SEK16.25B

See more insights into TRUE.B stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1