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An update from Prosus ( (NL:PRX) ) is now available.
Prosus N.V. announced the finalization of distributions to its shareholders, which includes capital repayments and dividends for different classes of shares. Shareholders of ordinary shares N can choose between a capital repayment or a dividend, while shares A1 and B will receive dividends. The distributions are subject to Dutch and South African tax implications, with specific tax rates and exemptions applicable depending on the shareholder’s residency and the tax treaties in place. This announcement is significant for stakeholders as it outlines the financial returns and tax considerations affecting their investments in Prosus.
More about Prosus
Prosus N.V. is a global consumer internet group and one of the largest technology investors in the world. It operates across a variety of sectors including online classifieds, food delivery, payments, and fintech, with a focus on high-growth markets.
For a thorough assessment of PRX stock, go to TipRanks’ Stock Analysis page.