Prosus Reports Progress on Share Buyback Program

Prosus (PROSF) has released an update.

Prosus N.V., a global consumer internet group, has shared an update on its ongoing share repurchase program, revealing the acquisition of 2,287,039 of its own shares at an average price of €33.3406 each, totaling approximately €76.25 million. This buyback took place between August 19 and August 23, 2024, as part of a strategy to manage the company’s capital effectively. Prosus, recognized as one of the world’s leading technology investors, is majority-owned by Naspers and operates a variety of consumer internet services globally.

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