Prosus (PROSF) has released an update.
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Prosus has updated its repurchase program by selling 474,000 ordinary shares in Tencent, reducing its ownership to 23.995%. This move is part of their ongoing strategy to manage their stake in Tencent, and requires a disclosure of interest to the Hong Kong Stock Exchange. The repurchase program continues unchanged, reflecting Prosus’s commitment to optimizing shareholder value.
For further insights into PROSF stock, check out TipRanks’ Stock Analysis page.
