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The latest update is out from Prosus ( (PROSF) ).
Prosus N.V. has announced an update to its ongoing share repurchase program, initially launched in June 2022, involving the acquisition of its own shares and those of Naspers. During the specified period in January 2025, Prosus repurchased over 4.3 million of its shares at an average price of €35.1949, amounting to a total cost of approximately €154.8 million. This move is part of the company’s strategy to manage its capital structure and deliver value to its shareholders, reflecting Prosus’s commitment to enhancing shareholder returns and its proactive approach in maintaining a robust market presence.
More about Prosus
Prosus is a global technology company focused on unlocking an AI-first world for its 2 billion customers. The company invests in over 100 companies worldwide, aiming to build local e-commerce champions in growth markets. Prosus holds leading positions in industries such as food delivery, classifieds, and fintech, creating a unique technology ecosystem that fosters innovation and growth. The Prosus Ventures team invests in emerging technologies across various sectors, including AI, social platforms, ecommerce, fintech, and more, supporting entrepreneurs who leverage technology to enhance everyday life.
YTD Price Performance: -7.12%
Average Trading Volume: 64,483
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $87.28B
See more insights into PROSF stock on TipRanks’ Stock Analysis page.
