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Prosus ( (PROSF) ) just unveiled an update.
Prosus N.V. announced an update on its open-ended repurchase programme involving its ordinary shares and those of Naspers from free-float shareholders. Between December 2 and December 6, 2024, Prosus repurchased over 3.19 million shares at an average price of €39.59 per share, totaling approximately €126.41 million. This move reflects Prosus’s strategy to enhance shareholder value and manage capital efficiently, potentially impacting investor perceptions and market positioning positively.
More about Prosus
Prosus is a global consumer internet group and one of the largest technology investors worldwide. It focuses on online classifieds, food delivery, payments, and fintech, building leading consumer internet companies that empower people and enrich communities. Prosus is primarily listed on Euronext Amsterdam and has secondary listings on the Johannesburg Stock Exchange and A2X Markets. The company is majority-owned by Naspers.
YTD Price Performance: 45.07%
Average Trading Volume: 5,585
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $102.5B
Find detailed analytics on PROSF stock on TipRanks’ Stock Analysis page.
