Prosus N.V. Class N (PROSF) has released an update.
Prosus N.V., a prominent global consumer internet group, has reported the purchase of 3,691,771 of its own shares between May 6th and May 10th, 2024, for a total investment of approximately €123.67 million. This buyback is part of an ongoing repurchase program aimed at acquiring Prosus and Naspers shares from free-float shareholders, signifying the company’s confidence in its own stock value. Prosus operates across various high-growth sectors, including online classifieds, food delivery, and fintech, with investments in numerous influential tech ventures worldwide.
For further insights into PROSF stock, check out TipRanks’ Stock Analysis page.
