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Prosus ( (NL:PRX) ) has provided an announcement.
Prosus has provided an update on its ongoing share repurchase programme covering both Prosus and parent company Naspers’ free-float shareholders, confirming that between 22 and 26 December 2025 it bought back 652,573 Prosus shares at an average price of €52.86, for a total outlay of €34.5 million (US$40.6 million). The latest tranche underscores the group’s continued use of buybacks as a capital allocation tool, potentially supporting earnings per share and signalling management’s confidence in the company’s long-term value to investors, while modestly reducing the free float and tightening the stock’s supply in the market.
More about Prosus
Prosus is a global technology investor focused on building AI-first businesses and local ecommerce champions in growth markets. Through stakes in more than 100 companies worldwide, it holds leading positions in food delivery, online classifieds and fintech, and, via Prosus Ventures, backs early- and growth-stage technology firms across sectors including AI, ecommerce, fintech, B2B software, logistics, health, blockchain and agriculture.
For detailed information about PRX stock, go to TipRanks’ Stock Analysis page.