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An update from Prosus ( (NL:PRX) ) is now available.
Prosus has provided an update on its ongoing share repurchase programme targeting free-float shareholders of both Prosus and its parent Naspers, announcing that between 26 and 30 January 2026 it bought back 1,756,605 Prosus shares at an average price of €49.9973, for a total outlay of €87.8 million. The continued execution of this open-ended buyback is part of the group’s broader capital allocation strategy and is likely aimed at enhancing shareholder value and improving trading liquidity, reinforcing Prosus’s efforts to narrow its long-standing discount to the value of its underlying technology and ecommerce portfolio.
More about Prosus
Prosus is a Netherlands-based global technology investment group focused on building AI-driven, local ecommerce champions across growth markets. Through stakes in more than 100 companies worldwide, it holds leading positions in food delivery, online classifieds and fintech, and invests via Prosus Ventures in high-growth technology sectors including AI, social and ecommerce platforms, fintech, B2B software, logistics, health, blockchain and agriculture.
For detailed information about PRX stock, go to TipRanks’ Stock Analysis page.