Prosus ( (NL:PRX) ) has provided an update.
Prosus N.V. has announced an update to its ongoing repurchase programme, which involves buying back ordinary shares of both Prosus and Naspers from free-float shareholders. Between March 24 and March 28, 2025, Prosus repurchased 4,700,875 of its shares at an average price of €43.4370 per share, totaling €204,191,963.96. This repurchase initiative is part of Prosus’s strategic financial management, potentially impacting its market positioning by reducing the number of shares in circulation and returning value 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, Prosus is building local e-commerce 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 across various sectors, including AI, social and e-commerce platforms, fintech, B2B software, logistics, health, blockchain, and agriculture.
YTD Price Performance: 12.30%
Average Trading Volume: 77,836
Technical Sentiment Signal: Strong Sell
Current Market Cap: $101.7B
See more data about PRX stock on TipRanks’ Stock Analysis page.