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Prosus ( (NL:PRX) ) has provided an announcement.
Prosus announced an update to its ongoing repurchase program involving ordinary shares in Prosus and Naspers. As part of this program, Prosus sold 371,000 shares in Tencent, reducing its ownership to 22.996%. This transaction necessitates a Disclosure of Interest notification to the Hong Kong Stock Exchange. The repurchase program continues unchanged, reflecting Prosus’s strategic financial maneuvers to optimize shareholder value.
More about Prosus
Prosus is a global consumer internet group and one of the largest technology investors worldwide. It focuses on building leading consumer internet companies in sectors such as online classifieds, food delivery, payments, and fintech. Prosus is listed on Euronext Amsterdam and has secondary listings on the Johannesburg Stock Exchange and A2X Markets. The company is majority-owned by Naspers.
For detailed information about PRX stock, go to TipRanks’ Stock Analysis page.