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Prosus ( (NL:PRX) ) has issued an update.
Prosus has announced an update to its open-ended repurchase program, which involves buying back ordinary shares from free-float shareholders of both Prosus and Naspers. Between June 23 and June 27, 2025, Prosus repurchased over 3.3 million shares at an average price of €47.60 per share, totaling approximately €160.8 million. This move is part of Prosus’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to maintaining a balanced approach to growth and shareholder returns.
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 is building local ecommerce champions in growth markets. Prosus holds leading positions in Food Delivery, Classifieds, and Fintech, and through its Ventures team, invests in new technology growth 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.