Truecaller’s board has decided to resume share buybacks - News Summed Up

Truecaller’s board has decided to resume share buybacks


AdvertisementSTOCKHOLM, May 28, 2024 /PRNewswire/ — The Board of Truecaller has resolved to utilize the mandate adopted by the Annual General Meeting on the 23rd of May 2024 to buy back B-shares. The program will be initiated at the earliest today the 28th of May and will last until the 2025 Annual General Meeting at the latest. All C shares have been repurchased by Truecaller to secure the company’s commitments in incentive programs decided by the AGM. As of today Truecaller holds 28,647,115 B shares and 5,600,000 C shares in treasury. All the B-shares that Truecaller holds today will be canceled as decided by the Annual General Meeting on the 23rd of May 2024.


Source: The Bubble May 28, 2024 12:53 UTC



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