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An announcement from Prosus ( (NL:PRX) ) is now available.
Prosus has provided an update on its open‑ended share repurchase programme covering its own ordinary shares and those of parent company Naspers, targeting stock held by free‑float shareholders. Between 2 and 6 February 2026, the group bought back 2,951,716 Prosus shares at an average price of €46.5532, for a total outlay of about €137.4m, as it continues using buybacks as a capital allocation tool.
The latest tranche signals ongoing balance‑sheet deployment in support of Prosus’s capital return strategy, which could help narrow any discount to the value of its underlying technology holdings. Continued repurchases may also influence trading liquidity and ownership concentration in both Prosus and Naspers, with potential implications for shareholders in Amsterdam and Johannesburg.
More about Prosus
Prosus N.V. is a global technology investor focused on unlocking an AI‑first world for roughly 2 billion customers, with stakes in more than 100 companies worldwide. It builds local ecommerce champions in growth markets and holds leading positions in food delivery, online classifieds and fintech, while its Prosus Ventures arm backs emerging platforms across AI, social, ecommerce, fintech, B2B software, logistics, health, blockchain and agriculture.
See more data about PRX stock on TipRanks’ Stock Analysis page.