tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Truecaller Expands Share Buyback, Now Holds 4.5% of Its Own Capital

Story Highlights
  • Truecaller continued its share repurchase program, buying 400,000 B shares in early week one 2026.
  • Total buybacks now approach 40 million shares since 2022, reinforcing capital-return efforts and confidence in growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Truecaller Expands Share Buyback, Now Holds 4.5% of Its Own Capital

Claim 70% Off TipRanks Premium

Truecaller AB Class B ( ($SE:TRUE.B) ) just unveiled an update.

Truecaller AB has continued its ongoing share buyback initiative, repurchasing 400,000 Class B shares between 29 December 2025 and 2 January 2026, equal to 0.11% of its outstanding share capital, as part of a programme running until the 2026 annual general meeting and capped at 10% of total shares. Executed via Carnegie on Nasdaq Stockholm, the latest purchases bring total buybacks under the current mandate to 7,041,053 shares and the company’s overall treasury holding to 4.52% of outstanding capital, underscoring a sustained capital-return strategy that has seen nearly 40 million shares repurchased since 2022 at an aggregate cost of about SEK 1.3 billion, potentially supporting earnings per share and signaling confidence in the firm’s long-term prospects.

The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK21.00 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, helping users filter spam and fraud while enabling businesses to connect efficiently with consumers. With more than 450 million active users, particularly in digital and emerging markets where fraud and nuisance calls are widespread, Truecaller positions itself as an essential tool for safer, more trusted everyday communication.

YTD Price Performance: -4.15%

Average Trading Volume: 2,006,303

Technical Sentiment Signal: Sell

Current Market Cap: SEK6.43B

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