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Prosus Updates on Share Repurchase Programme

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Prosus Updates on Share Repurchase Programme

Prosus ( (NL:PRX) ) has provided an announcement.

Prosus announced an update to its open-ended repurchase programme for its ordinary shares and those of Naspers, covering the period from April 7 to April 11, 2025. During this period, Prosus repurchased 9,604,234 shares at an average price of €36.7423 per share, totaling €352,881,421.88. This repurchase programme is part of Prosus’s strategic efforts to manage its capital structure and enhance shareholder value.

More about Prosus

Prosus is a global technology company focused on unlocking an AI-first world for its 2 billion customers. With investments in over 100 companies worldwide, Prosus is building local ecommerce champions in growth markets. The company holds leading positions in Food Delivery, Classifieds, and Fintech, creating a unique technology ecosystem that fosters innovation and growth across its portfolio. Through Prosus Ventures, the company invests in new technology growth opportunities in areas such as AI, social and ecommerce platforms, fintech, B2B software, logistics, health, blockchain, and agriculture.

YTD Price Performance: 0.25%

Average Trading Volume: 42,605

Technical Sentiment Signal: Sell

Current Market Cap: $92.7B

For a thorough assessment of PRX stock, go to TipRanks’ Stock Analysis page.

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