Prosus has repurchased 2.1 million shares at an average price of 39.3216 euros between August 10 and 14, totaling more than €81.3 million, which is approximately $94.0 million. The share buyback reflects the company's confidence in its valuation and strategic outlook as it seeks to return value to shareholders.

Similarly, Naspers executed a buyback of 734,400 shares at an average price of 824.3362 South African rand during the same period. This purchase was valued at nearly 605.4 million rand, or over $37.4 million, demonstrating a significant commitment to share repurchases by the parent company.

Both companies’ buyback programs are part of broader efforts to optimize capital allocation and support their stock prices amid fluctuating market conditions. The repurchases follow recent trading activity and signal their belief that their shares are undervalued or that they want to reinforce investor confidence.

The substantial buyback figures underscore Prosus and Naspers' focus on shareholder value and their willingness to deploy large amounts of capital in repurchases. Market participants will be watching to see how these actions influence their stock performance and investor sentiment going forward. #ShareBuyback #Prosus #Naspers