tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Prosus Buys Back €79 Million of Shares in Ongoing Repurchase Programme

Story Highlights
  • Prosus continued its open-ended share repurchase, buying stock from free-float holders.
  • Between 5 and 9 January 2026, it repurchased 1.46 million shares for about €79 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prosus Buys Back €79 Million of Shares in Ongoing Repurchase Programme

Claim 70% Off TipRanks Premium

Prosus ( (NL:PRX) ) has shared an update.

Prosus has provided an update on its ongoing open-ended share repurchase programme covering ordinary shares in both Prosus and its parent Naspers, aimed at acquiring stock from free-float shareholders. Between 5 and 9 January 2026, the group bought back 1,457,368 Prosus shares at an average price of €54.2205, for a total outlay of about €79 million, reinforcing its capital return strategy and potentially supporting earnings per share and share price dynamics for existing investors.

More about Prosus

Prosus is a global technology investor and operator focused on building local ecommerce champions in growth markets, serving around 2 billion customers worldwide. Its portfolio spans more than 100 companies with leading positions in food delivery, online classifieds and fintech, complemented by Prosus Ventures’ investments in emerging areas such as AI, social and ecommerce platforms, B2B software, logistics, health, blockchain and agriculture.

For a thorough assessment of PRX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1