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The latest announcement is out from Prosus ( (NL:PRX) ).
Prosus announced an update to its open-ended repurchase program, repurchasing 2,252,449 shares between July 21 and July 25, 2025, at an average price of €51.4684 per share, totaling €115,929,992.59. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value, reflecting its strong financial position and commitment to returning capital to shareholders.
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 has developed 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 ecommerce platforms, fintech, B2B software, logistics, health, blockchain, and agriculture.
See more insights into PRX stock on TipRanks’ Stock Analysis page.