Prosus Announces Update on Share Repurchase Programme

Prosus N.V. (PRX) has provided an update on its ongoing share repurchase programme. The programme involves buying back ordinary shares […]

Prosus N.V. (PRX) has provided an update on its ongoing share repurchase programme. The programme involves buying back ordinary shares in Prosus and Naspers. This initiative was initially announced on June 27, 2022.

Recent Buyback Details

Between July 1 and July 5, 2024, Prosus repurchased a total of 4,091,604 shares. The shares were bought at an average price of €33.0363 per share. This amounted to a total expenditure of €135,171,609 (US$145,706,656).

Date RangeShares RepurchasedAverage Price (€)Total Consideration (€)Total Consideration (US$)
July 1 – July 5, 20244,091,60433.0363135,171,609145,706,656

Background of the Repurchase Programme

The repurchase programme aims to buy back shares from free-float shareholders of both Prosus and Naspers. This initiative is part of the group’s strategy to optimize its capital structure. More information on the repurchase programme can be found on the Prosus website.


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