Prosus (PROSF) has released an update.
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Prosus N.V. successfully conducted their Annual General Meeting with a strong 92.66% of total issued share capital represented, where all proposed resolutions were adopted, including director appointments and remuneration policies. The company showcased a year of strategic achievements, reaching Ecommerce profitability ahead of schedule and continuing their share-repurchase program, leading to a significant reduction in the discount to net asset value. Prosus emphasized its commitment to ethical AI, disciplined capital allocation, and sustainable growth, with a robust financial performance highlighted by an 11% increase in group revenue and maintaining a strong balance sheet.
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