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Prosus ( (NL:PRX) ) just unveiled an update.
Prosus announced an update to its open-ended repurchase program for ordinary shares in both Prosus and Naspers. Between May 5 and May 9, 2025, the company repurchased over 3.3 million Prosus shares at an average price of €43.0692 per share, totaling approximately €146.2 million. This move is part of Prosus’s ongoing strategy to manage its capital structure and enhance shareholder value, reflecting its commitment to maintaining a balanced approach to capital allocation.
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. Prosus Ventures invests in new technology growth opportunities across various sectors, including AI, social and e-commerce platforms, fintech, B2B software, logistics, health, blockchain, and agriculture.
Find detailed analytics on PRX stock on TipRanks’ Stock Analysis page.
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