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Prosus ( (NL:PRX) ) just unveiled an update.
Prosus announced an update to its open-ended repurchase program, where it repurchased 1,183,810 of its shares at an average price of €52.0852 per share, totaling €61,658,930.20. This move is part of its ongoing strategy to manage its capital structure and enhance shareholder value, reflecting Prosus’s commitment to optimizing its financial operations and maintaining a strong market position.
More about Prosus
Prosus is a global technology company that focuses on unlocking an AI-first world for its 2 billion customers. With investments in over 100 companies worldwide, it builds local e-commerce champions in growth markets. Prosus holds leading positions in food delivery, classifieds, and fintech, creating a unique technology ecosystem that fosters innovation and growth. The company invests in new technology growth opportunities through its Prosus Ventures team, backing entrepreneurs in AI, social and e-commerce platforms, fintech, B2B software, logistics, health, blockchain, agriculture, and more.
See more data about PRX stock on TipRanks’ Stock Analysis page.