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Prosus ( (NL:PRX) ) has shared an announcement.
Prosus has continued its open-ended share repurchase programme targeting free-float shareholders of both Prosus and Naspers, underlining its capital allocation strategy and commitment to returning value. Between 11 May and 15 May 2026, the company bought back 2,542,446 Prosus shares at an average price of €39.17, for a total consideration of about €99.6 million, reinforcing support for its share price and tightening its free float.
The buybacks are being carried out under European market abuse regulations, signalling adherence to strict disclosure and trading standards. This structured repurchase activity may improve earnings per share and could bolster investor confidence in Prosus’s long-term outlook and portfolio strategy.
More about Prosus
Prosus is a Netherlands-based global technology investor focused on building local ecommerce champions in growth markets. The group holds stakes in more than 100 companies and operates across food delivery, online classifieds and fintech, creating a technology ecosystem that supports innovation, knowledge sharing and portfolio growth.
For a thorough assessment of PRX stock, go to TipRanks’ Stock Analysis page.