Cision PR Newswire
Correction: Repurchase of Truecaller B shares in week 37, 2023
News provided byTruecaller AB
Sep 18, 2023, 4:10 AM ET
This is a correction of the press release sent out this morning where weighed average share price per day was incorrect for certain days. Information has been corrected below.
STOCKHOLM, Sept. 18, 2023 /PRNewswire/ -- During 11 September 2023 and 15 September 2023 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 429,902 own B shares (ISIN: SE0016787071) as part of the share buyback programme initiated by the board of directors.
The share buybacks form part of the share buyback programme announced by Truecaller on 7 June 2023. The share buyback programme will run between 7 June up until the 2024 AGM which will be held in May 2024, and is carried out in accordance "Emittentregelverket".
On the Annual General Meeting 2023 the Board was authorized to buy back B-shares up until the Annual General Meeting in 2024. The new authorization means that buybacks may be made so that the company's shareholding does not exceed ten (10) percent of the total number of shares in the company outstanding as of the date of the annual general meeting.
Aggregated daily volume
Weighted average share
Total daily transaction
11 September 2023
4 644 158
12 September 2023
4 612 169
13 September 2023
3 630 617
14 September 2023
15 September 2023
2 860 739
Total accumulated over week 37/2023
15 929 890
Total accumulated during the buyback program
6 109 754
216 878 542
All acquisitions have been carried out on Nasdaq Stockholm by Carnegie on behalf of Truecaller. Following the above acquisitions, Truecaller's holding of own shares amounts to 19.391.533 B shares and 5.600.000 C-shares as of 15 September 2023. The total number of shares in Truecaller including own shares is 379.559.710 and the number of outstanding shares excluding the own shares is 354.568.177.
For more information please contact:
Andreas Frid. Head of IR & Communication
+46 705 290800
Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies, especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 356 million active users, with more than a billion downloads since launch and around 50 billion unwanted calls identified and blocked in 2022. Headquartered in Stockholm since 2009, we are a co-founder led entrepreneurial company with a highly experienced management team. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information please visit corporate.truecaller.com
The following files are available for download:
Press release TRUE SBB week 37 2023 eng
SOURCE Truecaller AB
NOTE: This content is not written by or endorsed by "KXRM", its advertisers, or Nexstar Media Inc.