Truecaller Expands Share Buyback, Now Holding Nearly 7% of Its Own Stock

An update from Truecaller AB Class B ( ($SE:TRUE.B) ) is now available.

Truecaller has continued its ongoing share buyback programme, repurchasing 500,000 Class B shares during the week of 23–27 March 2026, equal to about 0.14% of its outstanding capital. These transactions, executed via Nasdaq Stockholm by DNB Carnegie, form part of a board-authorized programme that allows the company to hold up to 10% of its shares and are intended to optimize its capital structure and return value to shareholders.

Since the launch of the current programme in May 2025, the company has bought back 15,629,594 shares, representing 4.42% of outstanding capital, and now holds a total of 19,574,926 B shares and 5,013,786 C shares, or 6.95% of its capital. Across all buyback programmes since 2022, Truecaller has repurchased more than 48 million shares for roughly SEK 1.39 billion, underscoring a sustained commitment to shareholder returns and potentially supporting earnings per share and market valuation over time.

The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK13.00 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 is a Nasdaq Stockholm-listed technology company that operates a global platform for verifying contacts and blocking unwanted communication. Its services help enable safe, relevant conversations between individuals and make it more efficient for businesses to connect with consumers, with a particular focus on combating fraud and spam in digital economies, especially in emerging markets.

YTD Price Performance: -47.82%

Average Trading Volume: 3,067,302

Technical Sentiment Signal: Sell

Current Market Cap: SEK3.5B

Find detailed analytics on TRUE.B stock on TipRanks’ Stock Analysis page.