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An announcement from Prosus ( (NL:PRX) ) is now available.
Prosus has announced an update to its ongoing share repurchase program, which involves buying back ordinary shares of both Prosus and Naspers from free-float shareholders. Between August 11 and August 15, 2025, Prosus repurchased over 2.28 million shares at an average price of €52.38, totaling approximately €119.7 million. This move is part of Prosus’s strategy to manage its capital structure and potentially enhance shareholder value.
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 builds local ecommerce champions in growth markets and holds leading positions in Food Delivery, Classifieds, and Fintech. The company fosters innovation and growth across its portfolio through its unique technology ecosystem and invests in new technology growth opportunities via Prosus Ventures.
For an in-depth examination of PRX stock, go to TipRanks’ Overview page.