Prosus N.V. Advances Share Repurchase Initiative
Company Announcements

Prosus N.V. Advances Share Repurchase Initiative

Prosus (PROSF) has released an update.

Prosus N.V., a leading global consumer internet group, has reported the repurchase of 2,583,532 of its own shares at an average price of €33.1986 each, amounting to a total spending of approximately €85.8 million. This move is part of their ongoing Repurchase Programme, initially announced in June 2022, aimed at acquiring both Prosus and Naspers ordinary shares from free-float shareholders. The company, known for investing in various internet companies globally, maintains listings on the Euronext Amsterdam and the Johannesburg Stock Exchange.

For further insights into PROSF stock, check out TipRanks’ Stock Analysis page.

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