Prosus Buys Back 2.12M Shares for EUR 77.3M; Naspers Repurchases 965K Shares

These are routine open-market repurchases under a standing buyback programme, but the scale is notable: Prosus absorbed roughly EUR 77 million of its own stock in a single week, and Naspers ran a parallel programme in Johannesburg. The dual structure matters because Naspers' economic interest in Prosus is maintained through cross-holdings, so simultaneous buybacks at both levels can shrink the group's overall share count and lift per-share metrics without any operational change. Whether the pace continues, and how it interacts with the discount at which the group has historically traded versus its underlying assets, is the open question.