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Truecaller AB Class B ( ($SE:TRUE.B) ) has issued an announcement.
Truecaller AB has continued its ongoing share buyback programme, repurchasing 750,000 Class B shares on Nasdaq Stockholm during the week of 9–13 March 2026 via Carnegie, equal to 0.21% of outstanding capital. Since the current programme began in May 2025, the company has acquired 14,379,594 shares, and now holds a total of 18,324,926 B shares and 5,013,786 C shares, representing 6.60% of its share capital.
The buyback is conducted under a board mandate that allows Truecaller to hold up to 10% of its shares and is part of a broader capital allocation strategy, with 46,972,041 shares repurchased across several programmes since 2022 at a combined cost of about SEK 1.38 billion. This sustained pace of repurchases signals management’s confidence in the company’s valuation and provides potential support for earnings per share and shareholder returns, while modestly reducing the free float over time.
The most recent analyst rating on ($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 Sweden-based technology company that operates a leading global platform for verifying contacts and blocking unwanted communication. Its app and services help almost 500 million active users, particularly in emerging markets, to avoid fraud and spam while enabling businesses to connect with consumers more safely and efficiently.
YTD Price Performance: -38.55%
Average Trading Volume: 3,059,028
Technical Sentiment Signal: Sell
Current Market Cap: SEK4.12B
See more insights into TRUE.B stock on TipRanks’ Stock Analysis page.