Prosus Reports Share Buyback Progress
Company Announcements

Prosus Reports Share Buyback Progress

Prosus (PROSF) has released an update.

Prosus N.V. has updated the market on its ongoing share repurchase program, reporting the buyback of 2,302,976 of its own shares at an average price of €33.2783 per share, amounting to a total spend of approximately €76.6 million (US$84.9 million). The repurchase occurred between September 2 and September 6, 2024, as part of a program initially announced on June 27, 2022, underlining the company’s commitment to shareholder value. Prosus is a major player in the global consumer internet space, backing various companies in online classifieds, food delivery, payments, and fintech.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskProsus N.V. Advances Share Repurchase Initiative
TipRanks UK Auto-Generated NewsdeskProsus N.V. Continues Aggressive Share Buy-Back
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App