Prosus ( (NL:PRX) ) has issued an update.
Prosus has announced an update to its ongoing repurchase programme, which involves buying back ordinary shares in both Prosus and Naspers. Between March 31 and April 4, 2025, the company repurchased over 7 million Prosus shares at an average price of €41.7810, amounting to a total of approximately €293.8 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 is building local ecommerce 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. Through Prosus Ventures, the group invests in new technology growth opportunities in various sectors including AI, social and ecommerce platforms, fintech, B2B software, logistics, health, blockchain, and agriculture.
YTD Price Performance: -0.05%
Average Trading Volume: 67,137
Technical Sentiment Signal: Sell
Current Market Cap: $92.9B
For detailed information about PRX stock, go to TipRanks’ Stock Analysis page.