Truecaller's board introduces a dividend policy, proposes a dividend and asks for new mandate for buybacks
Truecaller's board has today decided to introduce a dividend policy whereby approximately 25 percent of the annual profit after tax shall be distributed to Truecaller's shareholders. Therefore, at the shareholders' meeting on May 23, Truecaller's board proposes a dividend of 0.40 SEK per share for the fiscal year 2023. In addition, the board proposes a one-time dividend of 1.30 SEK per share. The total proposed dividend is 1.70 SEK per share. In addition to the dividend, Truecaller's board proposes to the shareholders' meeting to cancel 28.6 million repurchased B-shares, equivalent to just