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The latest update is out from Prosus ( (PROSF) ).
Prosus announced an update to its share repurchase program, involving the repurchase of 5,875,465 ordinary shares for a total of €240.9 million between February 10 and February 14, 2025. This strategic move underlines Prosus’s commitment to optimizing its capital structure and enhancing shareholder value, reflecting positively on its market position and future growth prospects.
More about Prosus
Prosus is a global technology company focused on creating an AI-first world for its 2 billion customers. The company has investments in over 100 companies worldwide, building local e-commerce champions in growth markets. It holds leading positions in food delivery, classifieds, and fintech, and fosters innovation and growth through its unique technology ecosystem. Prosus Ventures invests in new technology opportunities across various sectors such as AI, social and e-commerce platforms, fintech, B2B software, logistics, health, blockchain, and agriculture.
YTD Price Performance: 13.65%
Average Trading Volume: 70,995
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $108.3B
For detailed information about PROSF stock, go to TipRanks’ Stock Analysis page.
