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Prosus ( (NL:PRX) ) has provided an announcement.
Prosus announced an update to its ongoing share repurchase program, which involves buying back ordinary shares of Prosus and Naspers from free-float shareholders. Between August 25 and August 29, 2025, Prosus repurchased over 1.34 million shares at an average price of €53.0862, totaling approximately €71.23 million. This move is part of Prosus’s broader strategy to manage its capital structure and return value to shareholders, potentially impacting its market positioning and stakeholder interests.
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 builds local e-commerce champions in growth markets. Prosus holds leading positions in food delivery, classifieds, and fintech, creating a unique technology ecosystem that fosters innovation and growth across its portfolio. Through Prosus Ventures, the company invests in new technology growth opportunities in areas such as 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.