Truecaller AB Repurchases 190,000 B-Stocks in August 2024
STOCKHOLM, Aug. 19, 2024 /PRNewswire/ — Right through 12 August 2024 and 16 August 2024 Truecaller AB (publ) has repurchased in general 190,000 personal B stocks as a part of the percentage buyback programme initiated by way of the board of administrators.
The percentage buybacks mode a part of the percentage buyback programme introduced by way of Truecaller on 28 Might 2024. The percentage buyback programme will run between 28 Might up till the 2025 AGM which might be held in Might 2025, and is performed according to “Emittentregelverket”.
At the Annual Basic Assembly 2024, the Board used to be approved to shop for again B-shares up till the Annual Basic Assembly in 2025. The pristine authorization implies that buybacks is also made in order that the corporate’s shareholding does now not exceed ten (10) p.c of the total number of stocks within the corporate remarkable as of the day of the yearly normal assembly.
All acquisitions were performed on Nasdaq Stockholm by way of Carnegie in the name of Truecaller.
Following the above acquisitions, Truecaller’s maintaining of personal stocks quantities to 2,027,832 B stocks and 5,600,000 C-shares as of 16 August 2024, which corresponds to 2.30% of the outstanding capital.
The whole number of stocks in Truecaller, together with personal stocks, now quantities to 353,040,414 and the number of remarkable stocks, except personal stocks, quantities to 344,912,582.
Truecaller (TRUE B) is the important global platform for verifying contacts and blockading rejected communication. We permit shield and related conversations between public and manufacture it efficient for businesses to tied with shoppers. Fraud and rejected communication are endemic to digital economies, particularly in rising markets. We’re on a mission to manufacture believe in communication. Truecaller is an essential part of everyday communication for more than 400 million active users, with more than a billion downloads since forming and around 50 billion rejected yelps identified and forbidden in 2022. Headquartered in Stockholm since 2009, we’re 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 contact Andreas Frid, Head of IR & Communication at +46 705 29 08 00 or [email protected]
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SOURCE Truecaller AB
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