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EuroSports Global Sells Treasury Shares to Boost Stake in Prosper Auto

Story Highlights
  • EuroSports Global sold 10 million treasury shares for S$1.8 million to raise funds.
  • Proceeds are used to lift its stake in Prosper Auto, tightening focus on core automotive operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EuroSports Global Sells Treasury Shares to Boost Stake in Prosper Auto

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EuroSports Global Ltd. ( (SG:5G1) ) has provided an update.

EuroSports Global Limited has sold 10 million of its treasury shares for S$1.8 million to increase its shareholding in subsidiary Prosper Auto Pte Ltd, according to a board announcement dated 30 December 2025. The disposal reduces the company’s treasury share balance from 12 million to 2 million, cutting the proportion of treasury shares from 4.74% to 0.76% of issued voting shares, and signals a reallocation of capital towards strengthening its strategic position and control in its automotive business operations through Prosper Auto.

The most recent analyst rating on (SG:5G1) stock is a Sell with a S$0.05 price target. To see the full list of analyst forecasts on EuroSports Global Ltd. stock, see the SG:5G1 Stock Forecast page.

More about EuroSports Global Ltd.

EuroSports Global Limited is a Singapore-incorporated company listed on the SGX Catalist board. The group is involved in automotive-related businesses, with its activities and investments focused on the regional auto sector through subsidiaries such as Prosper Auto Pte Ltd.

Average Trading Volume: 956,546

Technical Sentiment Signal: Sell

Current Market Cap: S$8.78M

Find detailed analytics on 5G1 stock on TipRanks’ Stock Analysis page.

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