---
title: "Prosus Expands Share Buyback With €62 Million Repurchase Tranche"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285231987.md"
description: "Prosus has announced a €62 million share buyback program, repurchasing 1,528,155 shares at an average price of €40.71 each between April 27 and May 1, 2026. This initiative is part of its ongoing strategy to manage share capital and support market valuation, conducted under European regulations. Prosus, a global technology company, focuses on AI-driven solutions and holds significant investments in various sectors, including food delivery and fintech."
datetime: "2026-05-05T15:23:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285231987.md)
  - [en](https://longbridge.com/en/news/285231987.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285231987.md)
---

# Prosus Expands Share Buyback With €62 Million Repurchase Tranche

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Prosus ( (NL:PRX) ) has issued an announcement.

Prosus has provided an update on its ongoing open-ended share repurchase programme targeting ordinary shares in both Prosus and its parent Naspers, acquired from free-float shareholders. Between 27 April and 1 May 2026, the company bought back 1,528,155 Prosus shares at an average price of €40.7109 per share, for a total outlay of €62.2 million.

The latest tranche of buybacks underscores Prosus’s continued use of capital returns as a tool to manage its share capital and potentially support its market valuation. The programme, conducted under European market abuse and buy-back regulations, forms part of a broader capital allocation strategy that can influence earnings per share and ownership structure for remaining investors.

**More about Prosus**

Prosus is a global technology company focused on unlocking an AI-first world for around 2 billion customers, with investments in more than 100 companies worldwide and a strategy of building local ecommerce champions in growth markets. The group holds leading positions in food delivery, online classifieds and fintech, and through Prosus Ventures backs technology-driven growth opportunities across sectors such as AI, social and ecommerce platforms, B2B software, logistics, health and blockchain.

For an in-depth examination of PRX stock, go to TipRanks’ Overview page.

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