Correction: Repurchase of Truecaller B shares in week 20, 2023
This is a correction of the press release sent out earlier this morning with the heading Repurchase of Truecaller B shares in week 20, 2023. In this morning’s press release the average price for week 20 was not correct. The right information can be found below. During 15 May 2023 and 19 May 2023 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 605,295 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 23 September 2022. The share buyback programme will be executed between 23 September and up until the 2023 AGM, is being carried out in accordance “Emittentregelverket”.
Truecaller B shares have been repurchased as follows:
|
Date: |
Aggregated daily volume (number of shares): |
Weighted average share price per day (SEK): |
Total daily transaction value (SEK): |
|
15 May 2023 |
197,692 |
36.8362 |
7,282,222.05 |
|
16 May 2023 |
133,008 |
37.2898 |
4,959,841.72 |
|
17 May 2023 |
43,198 |
36.3085 |
1,568,454.58 |
|
19 May 2023 |
231,397 |
35.7901 |
8,281,721.77 |
|
Total accumulated over week 20/2023 |
605,295 |
36.4983 |
22,092,240.12 |
|
Total accumulated during the buyback program |
12,480,922 |
33.8670 |
422,691,653.72 |
All acquisitions have been carried out on Nasdaq Stockholm by SEB on behalf of Truecaller. Following the above acquisitions, Truecaller’s holding of own shares amounts to 12,480,922 B shares and 5,100,000 C shares as of 19 May 2023. The total number of shares in Truecaller, including own shares, is 379,059,710 and the number of outstanding shares, excluding the own shares, is 361,478,788.
A full breakdown of the transactions is attached to this announcement.
For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 290800
andreas.frid@truecaller.com
About Truecaller:
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 350 million active users, with half a billion downloads since launch and around 38 billion unwanted calls identified and blocked in 2021. 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