tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Prosus Updates Share Repurchase Program

Story Highlights
Prosus Updates Share Repurchase Program

TipRanks Cyber Monday Sale

Prosus ( (NL:PRX) ) just unveiled an announcement.

Prosus N.V. has announced an update to its ongoing share repurchase program, which involves buying back ordinary shares of both Prosus and Naspers from free-float shareholders. Between December 1 and December 5, 2025, Prosus repurchased over 2.6 million shares at an average price of €52.7230, totaling approximately €140.7 million. This move is part of Prosus’s strategy to manage its capital structure and could impact its market positioning and shareholder value.

More about Prosus

Prosus is a global technology company focused on unlocking an AI-first world for its 2 billion customers. It invests in over 100 companies worldwide, building local ecommerce champions in growth markets. Prosus holds leading positions in food delivery, classifieds, and fintech, and fosters a unique technology ecosystem that promotes innovation and growth. Through Prosus Ventures, the company invests in new technology growth opportunities across various sectors, including AI, social and ecommerce platforms, fintech, and more.

For an in-depth examination of PRX stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1