TREE NEWS update: Prosus bought back 2,361,582 of its own shares between Oct. 5 and Oct. 9 at an average price of €35.36, for a total of €83.5 million (over $93.6 million). Naspers repurchased 560,739 shares over the same period at an average of ZAR 707.6904, totaling more than ZAR 396.8 million (over $23.9 million).
Prosus Repurchases 2.36M Shares for €83.5M; Naspers Buys Back 560,739 Shares
These buybacks are the routine execution of the Prosus-Naspers cross-holding unwind, so the mechanics matter less than the pace: roughly €83.5 million of Prosus stock retired in a single week keeps the group's own equity a steady outlet for capital that might otherwise fund new bets. For RWA and crypto markets, the signal is indirect but real — Prosus remains one of the few listed vehicles with meaningful exposure to the sector, and sustained buybacks reduce the float available to express that exposure. Whether the group keeps this tempo, or slows it to preserve firepower, is the open question.
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