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Prosus ( (NL:PRX) ) has provided an announcement.
Prosus N.V. announced an update to its ongoing share repurchase program, which involves buying back ordinary shares from free-float shareholders of both Prosus and Naspers. Between June 30 and July 4, 2025, Prosus repurchased over 2.27 million shares at an average price of €46.8890 per share, amounting to a total expenditure of approximately €106.58 million. This strategic move is part of Prosus’s efforts to optimize its capital structure and enhance shareholder value, reflecting its commitment to maintaining a strong market position and delivering long-term 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 is building local e-commerce champions in growth markets. The company 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 growth opportunities across various sectors, including AI, social and e-commerce platforms, fintech, B2B software, logistics, health, blockchain, and agriculture.
For a thorough assessment of PRX stock, go to TipRanks’ Stock Analysis page.