Truecaller Announces Share Repurchase Program for Week 31, 2025
Stockholm, Sweden – August 4, 2025 – Truecaller, a leading global platform for verifying identities and blocking unwanted communications, today announced its intention to repurchase its B shares during week 31 of 2025. This strategic move underscores the company’s confidence in its ongoing growth and its commitment to delivering value to its shareholders.
The repurchase program will be executed in accordance with the company’s existing authorization from its shareholders and relevant market regulations. While the exact number of shares to be repurchased will depend on market conditions and the prevailing share price during the designated week, the initiative is a clear signal of management’s belief in the intrinsic value of Truecaller’s business.
Repurchasing shares can have several positive implications for a company and its shareholders. It can reduce the total number of outstanding shares, potentially leading to an increase in earnings per share (EPS). This can, in turn, make the stock more attractive to investors. Furthermore, a share buyback program can be seen as a demonstration of a company’s financial strength and its ability to generate sufficient cash flow to invest in its own future.
Truecaller has experienced significant growth in recent years, expanding its user base and diversifying its revenue streams through innovative advertising and premium subscription services. The company’s core mission of making communication safer and more efficient continues to resonate with millions of users worldwide. This repurchase program suggests that the company believes its current stock price does not fully reflect its long-term potential and the value it is creating.
Shareholders are encouraged to monitor Truecaller’s official investor relations communications for further details regarding the execution of this share repurchase program as week 31, 2025 approaches. The company remains focused on executing its strategic objectives and enhancing shareholder value.
About Truecaller:
Truecaller is a leading global communications platform that empowers users to communicate with confidence. By verifying identities and blocking unwanted communications, Truecaller helps make everyday conversations safer and more efficient. The company’s app has been downloaded by hundreds of millions of users worldwide and is available on both iOS and Android.
Repurchase of Truecaller B shares in week 31, 2025
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PR Newswire Telecommunications published ‘Repurchase of Truecaller B shares in week 31, 2025’ at 2025-08-04 07:04. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.