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Prosus ( (NL:PRX) ) has issued an announcement.
Prosus has announced an update to its ongoing share repurchase program, which involves buying back ordinary shares in both Prosus and Naspers from free-float shareholders. Between September 29 and October 3, 2025, the company repurchased 1,479,279 Prosus shares at an average price of €60.54 per share, totaling approximately €89.55 million. This move is part of Prosus’s strategy to manage its capital structure and potentially enhance shareholder value.
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, it aims to build local ecommerce champions in growth markets. Prosus holds leading positions in food delivery, classifieds, and fintech, creating a unique technology ecosystem that fosters innovation and growth. Through Prosus Ventures, the company invests in new technology opportunities across various sectors, including AI, social and ecommerce platforms, fintech, B2B software, logistics, health, blockchain, and agriculture.
For a thorough assessment of PRX stock, go to TipRanks’ Stock Analysis page.