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Prosus NV Advances Share Buy-Back Program

Prosus (PROSF) has released an update.

Prosus NV has recently updated the market on its ongoing share repurchase program, revealing the acquisition of 4,479,833 of its own shares for a total outlay of about €151.9 million. The buy-backs, conducted between June 24 and June 28, 2024, are part of a broader strategy to optimize capital allocation. Prosus, a global consumer internet group and one of the largest technology investors, is committed to enhancing shareholder value through such strategic initiatives.

For further insights into PROSF stock, check out TipRanks’ Stock Analysis page.

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