Truecaller Repurchases 1.6M B Shares, Totaling 8.6M Shares Bought Back
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: Yahoo Finance
- Buyback Progress: During the week of January 5-9, 2026, Truecaller repurchased a total of 1,603,541 B shares, representing 0.45% of outstanding capital, demonstrating the company's ongoing commitment to shareholder returns.
- Buyback Program: Since the initiation of the buyback program on May 30, 2025, Truecaller has repurchased a total of 8,644,594 shares, approximately 2.44% of outstanding capital, aimed at enhancing earnings per share and boosting market confidence.
- Shareholder Authorization: Under the authorization from the 2025 Annual General Meeting, Truecaller is permitted to repurchase B shares until the 2026 AGM, ensuring that buybacks do not exceed 10% of the total shares, providing flexibility for future capital operations.
- Market Position: As of January 9, 2026, Truecaller holds 12,589,926 B shares and 5,013,786 C shares, totaling 4.98% of outstanding capital, reflecting a robust strategy in capital management.
Analyst Views on TRUE
Wall Street analysts forecast TRUE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TRUE is 2.78 USD with a low forecast of 2.55 USD and a high forecast of 3.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
0 Buy
4 Hold
0 Sell
Hold
Current: 2.160
Low
2.55
Averages
2.78
High
3.00
Current: 2.160
Low
2.55
Averages
2.78
High
3.00
About TRUE
TrueCar, Inc. is an automotive digital marketplace that lets auto buyers and sellers connect to its nationwide network of Certified Dealers. The Company is developing a car-buying experience accessible to consumers on its TrueCar-branded Website and mobile applications as well as co-branded websites operated in partnership with over 250 brands and organizations such as Sam’s Club, AAA, and Navy Federal Credit Union. It simplifies the car-buying process for consumers by providing a personalized digital shopping experience that helps shoppers discover and compare vehicles with proprietary content and data-driven rankings; become informed on a vehicle’s fair market price; appraise the value of a vehicle they want to trade or sell; explore competitive financing solutions, and others. Its nationwide network of Certified Dealers extends across all 50 states and the District of Columbia and consists of both new car franchise dealers and independent dealers exclusively selling used vehicles.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
