Prosus ( (NL:PRX) ) just unveiled an announcement.
Prosus N.V. has announced an update to its ongoing repurchase program for its ordinary shares and those of Naspers, covering the period from April 21 to April 25, 2025. During this period, the company repurchased over 4.7 million shares at an average price of €39.6956 per share, totaling approximately €186.7 million. This initiative is part of Prosus’s strategy to manage its capital structure and enhance shareholder value, potentially impacting its market position and stakeholder interests.
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, it is building local ecommerce champions in growth markets. Prosus holds leading positions in food delivery, classifieds, and fintech, creating a unique technology ecosystem that fosters innovation and growth. The company invests in new technology growth opportunities through Prosus Ventures, supporting entrepreneurs in AI, social and ecommerce platforms, fintech, B2B software, logistics, health, blockchain, agriculture, and more.
YTD Price Performance: 14.25%
Average Trading Volume: 16,988
Technical Sentiment Signal: Strong Sell
Current Market Cap: $101.3B
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