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Prosus ( (PROSF) ) has provided an announcement.
Prosus N.V. has announced an update to its ongoing repurchase program, initially launched in June 2022, involving the buyback of shares from both Prosus and Naspers free-float shareholders. Between December 30, 2024, and January 3, 2025, the company repurchased 2,003,385 Prosus Shares at an average price of €38.3431 each, totaling €76,815,914. This move is part of Prosus’s strategic financial operations and reflects its commitment to optimizing shareholder value.
More about Prosus
Prosus is a global technology company focused on unlocking an AI-first world for its 2 billion customers. It invests in over 100 companies worldwide, particularly in growth markets, and has established strong positions in food delivery, classifieds, and fintech. Through its Prosus Ventures team, the company invests in new technology growth opportunities across various sectors, including AI, social and e-commerce platforms, fintech, and more, supporting entrepreneurs who leverage technology to improve everyday life.
YTD Price Performance: -8.06%
Average Trading Volume: 16,781
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $87.11B
See more data about PROSF stock on TipRanks’ Stock Analysis page.
