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The latest announcement is out from Prosus ( (PROSF) ).
Prosus announced an update to its ongoing share repurchase program, under which it bought back over 3.3 million shares at an average price of €40.8208, totaling approximately €138.6 million. This move is part of the company’s strategy to manage its capital structure effectively and potentially enhance shareholder value.
More about Prosus
Prosus is a global consumer internet group and a major technology investor, serving over two billion customers worldwide through its investments in online classifieds, food delivery, payments, and fintech. The company is listed on Euronext Amsterdam, Johannesburg Stock Exchange, and A2X Markets, and is majority-owned by Naspers.
YTD Price Performance: 39.53%
Average Trading Volume: 5,255
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $99.68B
For a thorough assessment of PROSF stock, go to TipRanks’ Stock Analysis page.
