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Prosus Updates on Share Repurchase Programme

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Prosus Updates on Share Repurchase Programme

Prosus ( (PROSF) ) has issued an update.

Prosus announced an update on its repurchase programme, where it repurchased approximately 5.49 million of its ordinary shares for nearly €193.4 million between January 6-10, 2025. This repurchase is part of its ongoing strategy to manage its share capital structure, which may influence its market positioning and stakeholder interests.

More about Prosus

Prosus is a global technology company focusing on unlocking an AI-first world for its 2 billion customers. It invests in over 100 companies worldwide, building local e-commerce champions in growth markets. The company holds leading positions in food delivery, classifieds, and fintech, creating a unique technology ecosystem that promotes innovation and growth. Through Prosus Ventures, the company invests in technology growth opportunities in various sectors like AI, social and e-commerce platforms, fintech, and more.

YTD Price Performance: -15.02%

Average Trading Volume: 46,340

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $81.49B

See more insights into PROSF stock on TipRanks’ Stock Analysis page.

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