Truecaller Lifts Treasury Stake With Continued Share Buybacks

The latest update is out from Truecaller AB Class B ( ($SE:TRUE.B) ).

Truecaller has continued its ongoing share buyback programme, repurchasing 970,000 Class B shares during the week of 2–6 March 2026, equivalent to 0.27% of its outstanding capital, at a weighted average price of SEK 11.49. This brings total purchases under the current programme, which runs until the 2026 AGM, to 13.63 million shares and total treasury holdings to 6.38% of outstanding capital, leaving headroom under the 10% buyback authorization.

The company has been an active buyer of its own stock since 2022, with cumulative repurchases of more than 46.2 million shares for SEK 1.37 billion across several programmes. By reducing the free float while remaining within its authorized limit, Truecaller is signaling continued confidence in its long-term prospects and capital allocation strategy, which may support earnings per share and offer potential value to 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, listed on Nasdaq Stockholm under the ticker TRUE B, operates a global digital platform focused on verifying contacts and blocking unwanted communication. Its service underpins safe and relevant conversations between individuals and helps businesses connect efficiently with consumers, with a particular focus on combating fraud and spam in digital economies and serving almost 500 million active users worldwide.

YTD Price Performance: -37.15%

Average Trading Volume: 3,183,646

Technical Sentiment Signal: Sell

Current Market Cap: SEK4.22B

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