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.

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