Truecaller AB Share Repurchase and Ownership Changes
On August 25, 2025, Truecaller AB, a Swedish telecommunications company listed on the Swedish Stock Exchange, announced the repurchase of 230,000 of its own B shares during the week of August 18-22, 2025. This transaction, part of a broader share buyback program initiated by the board on May 30, 2025, represents 0.07% of the company’s outstanding capital. Since the program’s inception, Truecaller has repurchased a total of 1,155,000 shares, accounting for 0.33% of the outstanding capital.
The share buyback program is a strategic move by Truecaller AB, which specializes in providing call and text messaging services through its main product, the Truecaller app. The company’s shares are traded in SEK, with a close price of 66.5 SEK as of May 29, 2025. Truecaller’s market capitalization stands at 16,463,527,936 SEK, with a price-to-earnings ratio of 32.77465.
In related news, the First AP Fund (Första AP-fonden) has reduced its stake in Truecaller. The fund sold slightly over 1 million shares, bringing its ownership down to approximately 16.67 million shares, or 4.71% of the capital and 2.15% of the voting rights. This reduction occurred after the fund’s holdings surpassed the 5% threshold, prompting a flagging notice. As of July 29, 2025, the First AP Fund’s holdings in Truecaller were reported at 5.0% of the capital and 2.3% of the voting rights.
These developments reflect ongoing adjustments in Truecaller’s shareholder structure and strategic financial management. The company’s recent share repurchase activities and changes in significant shareholder stakes are noteworthy for investors and stakeholders monitoring Truecaller’s performance on the Swedish Stock Exchange.