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Prosus ( (NL:PRX) ) has shared an announcement.
Prosus N.V. has announced an update on its ongoing repurchase programme for ordinary shares in both Prosus and Naspers, purchasing 2,633,478 Prosus shares at an average price of €52.3461 per share, totaling €137,852,377.94. This strategic move is part of a broader initiative to manage capital structure and enhance shareholder value, reflecting Prosus’s commitment to maintaining a strong market position and delivering value to its stakeholders.
More about Prosus
Prosus is a global technology company focused on unlocking an AI-first world for its 2 billion customers. With investments in over 100 companies worldwide, Prosus builds local e-commerce champions in growth markets and holds leading positions in food delivery, classifieds, and fintech. The company fosters innovation and growth through its technology ecosystem and invests in new technology opportunities via Prosus Ventures in areas like AI, social and e-commerce platforms, fintech, and more.
Find detailed analytics on PRX stock on TipRanks’ Stock Analysis page.