Prosus Expands Ongoing Share Buyback With €76.8 Million Tranche

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

Prosus has provided an update on its ongoing share repurchase programme targeting free-float shareholders in both Prosus and its parent Naspers. The programme, which has been in place since June 2022, is part of the group’s broader capital allocation strategy aimed at enhancing shareholder value and optimising its listed structure.

Between 6 April and 10 April 2026, Prosus bought back 1,843,035 of its own ordinary shares at an average price of €41.6748, for a total outlay of about €76.8 million. The latest tranche underscores the company’s continued use of buybacks as a tool to return capital to investors and may support earnings per share and market valuation by reducing the free float and consolidating ownership.

The repurchases are being conducted under strict European market abuse and buy-back regulations, ensuring transparency and compliance with regulatory standards. This formal adherence to EU rules provides additional assurance to investors that the programme is executed within a robust governance and disclosure framework.

More about Prosus

Prosus is a global technology investor and operator focused on building an AI-first ecosystem for around 2 billion customers worldwide. The group holds stakes in more than 100 companies and concentrates on creating local ecommerce champions in high-growth markets, with leading positions in food delivery, online classifieds and fintech platforms.

Through its Prosus Ventures arm, the company backs early and growth-stage technology businesses spanning AI, social and ecommerce platforms, fintech, B2B software, logistics, health, blockchain and agriculture. This diversified portfolio approach is designed to foster innovation, cross-portfolio knowledge sharing and long-term value creation across its technology ecosystem.

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