An update from Prosus ( (NL:PRX) ) is now available.
Prosus has announced an update to its ongoing repurchase programme, where it repurchased over 8 million of its own shares between March 17 and March 21, 2025, at an average price of €44.2738 per share, totaling over €363 million. This move is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value, reflecting Prosus’s commitment to maintaining a balanced approach to growth and investment in its diverse technology portfolio.
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, Prosus builds local ecommerce champions in growth markets and holds leading positions in food delivery, classifieds, and fintech. The company fosters innovation and growth through its unique technology ecosystem and invests in new technology growth opportunities across various sectors such as AI, social and ecommerce platforms, fintech, B2B software, logistics, health, blockchain, and agriculture.
YTD Price Performance: 22.38%
Average Trading Volume: 74,357
Technical Sentiment Signal: Sell
Current Market Cap: $109.1B
Learn more about PRX stock on TipRanks’ Stock Analysis page.