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Prosus ( (NL:PRX) ) just unveiled an update.
Prosus has provided an update on its ongoing share repurchase programme covering both Prosus and Naspers shares held by free-float investors. Between 2 and 6 March 2026, the company bought back 2,405,007 Prosus shares at an average price of €41.7927, for a total outlay of about €100.5 million, as it continues to execute its capital allocation and buyback strategy under European market abuse regulations.
The latest tranche of buybacks underscores Prosus’s efforts to return capital to shareholders while potentially enhancing earnings per share and supporting its valuation. The programme, conducted in compliance with EU rules on market abuse and buy-back conditions, may influence the liquidity and free float of both Prosus and Naspers shares, and signals continued confidence in the group’s long-term technology investment portfolio.
More about Prosus
Prosus N.V. is a Netherlands-incorporated global technology investor focused on unlocking an AI-first world for about 2 billion customers. The group builds local ecommerce champions in growth markets and holds leading positions in food delivery, online classifieds and fintech, supported by a broad portfolio of over 100 companies worldwide. Through Prosus Ventures, it backs technology-led growth in areas such as AI, social and ecommerce platforms, B2B software, logistics, health, blockchain and agriculture.
Learn more about PRX stock on TipRanks’ Stock Analysis page.