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Prosus ( (NL:PRX) ) just unveiled an update.
Prosus has provided an update on its open-ended share repurchase programme covering its own ordinary shares and those of parent group Naspers, both sourced from free-float investors. The initiative is part of the group’s broader capital management strategy, designed to adjust its share count and potentially enhance value for remaining shareholders while maintaining liquidity in its dual-listed structure.
Between 13 April and 17 April 2026, the Amsterdam-based tech investor bought back 2,634,287 Prosus shares at an average price of €40.5162, for a total outlay of about €112 million. The latest tranche underscores the group’s continued commitment to returning capital via buybacks, a move closely watched by investors given Prosus’s sizeable global tech portfolio and its influence on trading dynamics in both Amsterdam and Johannesburg.
The repurchase activity is being carried out under European market abuse regulations governing issuer buy-back programmes and disclosure obligations. By operating within this framework, Prosus signals adherence to strict transparency and market-conduct standards, which is intended to support orderly trading in its securities and provide clarity to regulators and shareholders alike.
More about Prosus
Prosus N.V. is a global technology investor focused on building an AI-first ecosystem that reaches around 2 billion customers worldwide. The group holds stakes in more than 100 companies and backs local ecommerce champions in growth markets, with leading positions in food delivery, online classifieds and fintech, as well as broader bets in sectors from B2B software to logistics and digital health.
Through its Prosus Ventures arm, the company targets early and growth-stage opportunities in AI, social and ecommerce platforms, financial technology, blockchain, agriculture and other innovation-led fields. By supporting entrepreneurs who use technology to improve everyday life, Prosus aims to drive innovation and cross-portfolio synergies across its diverse global holdings.
See more insights into PRX stock on TipRanks’ Stock Analysis page.