Prosus Reports Progress on Share Buyback Program
Company Announcements

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.

For further insights into PROSF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskProsus Enhances Shareholder Value with Strategic Buyback
TheFlyProsus price target raised to EUR 50 from EUR 45 at Citi
TipRanks UK Auto-Generated NewsdeskProsus Updates Share Repurchase Strategy
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App