Truecaller AB Repurchases B‑Shares in Week 50, 2025
During week 50 (8–12 December 2025) Truecaller AB (publ) repurchased 375,000 of its own B‑shares (ISIN SE0016787071), representing 0.11 % of the company’s outstanding capital. The buy‑back programme, which began earlier this year, has now seen the company purchase a total of 4,079,053 shares, equal to 1.15 % of its outstanding capital. The repurchase was executed on the Nasdaq Stockholm exchange.
Impact on Capital Structure
- Total B‑shares repurchased to date: 4,079,053
- Percentage of outstanding capital bought back: 1.15 %
- Shares repurchased in week 50: 375,000
- Percentage of outstanding capital bought back in week 50: 0.11 %
The programme is part of the company’s broader strategy to manage capital and potentially support the share price. The latest repurchase coincided with the close of the quarter, during which the company disclosed a forecast of advertising revenue for Q4 2025 to be between 210 million and 230 million SEK—a decline of roughly 30 % compared with the previous quarter.
Analyst and Investor Commentary
- Affärsvärlden revised its recommendation for Truecaller from “buy” to “hold” on 15 December 2025, citing concerns over the company’s advertising revenue and the impact of a recent algorithm change with its largest demand partner.
- Redeye issued a significant downward revision of Truecaller’s valuation, pointing to the company’s fourth‑quarter forecast that falls short of market expectations due to weaker ad earnings.
- The company’s CFO, Odd Bolin, increased his personal stake by purchasing 3,930 B‑shares at a price of 17.81 SEK per share, bringing his total holdings to 174,260 shares.
Financial Snapshot (as of 11 December 2025)
| Item | Value |
|---|---|
| Close price | 22.88 SEK |
| 52‑week high | 84.75 SEK |
| 52‑week low | 22.28 SEK |
| Market cap | 7.80 billion SEK |
| P/E ratio | 21.01 |
Outlook
The announced share‑buyback programme demonstrates Truecaller’s willingness to return capital to shareholders, while the company’s guidance for Q4 advertising revenue underscores ongoing challenges in its core ad‑based business model. Analyst downgrades and a revised recommendation from Affärsvärlden reflect market uncertainty around the sustainability of the company’s revenue stream following recent algorithmic changes.
