Truecaller Lifts Treasury Stake to 6.8% After Latest Share Buyback

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

Truecaller AB has continued its ongoing share buyback programme, repurchasing 750,000 Class B shares during the week of 16–20 March 2026, equal to 0.21% of its outstanding capital. These purchases, executed on Nasdaq Stockholm via DNB Carnegie, bring total repurchases under the current programme to 15.1 million shares and raise the company’s total holding of own shares to 6.81% of its outstanding capital.

The buybacks sit within a broader capital allocation strategy authorised by shareholders, allowing Truecaller to repurchase up to 10% of its total shares and resulting in 47.7 million shares bought back across all programmes since 2022 at a total cost of about SEK 1.39 billion. By reducing the free float and consolidating ownership, the company is signaling confidence in its valuation and financial position, which may support earnings per share and potentially enhance long-term value for remaining shareholders.

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. The company focuses on enabling safe, relevant conversations between individuals and facilitating efficient, trusted connections between businesses and consumers, with a strong presence in emerging digital markets and nearly 500 million active users worldwide.

YTD Price Performance: -44.66%

Average Trading Volume: 3,114,232

Technical Sentiment Signal: Sell

Current Market Cap: SEK3.71B

For detailed information about TRUE.B stock, go to TipRanks’ Stock Analysis page.