Naspers Limited has announced the repurchase of 301,484 of its N ordinary shares. The shares were bought between July 1, 2024, and July 5, 2024. The average price per share was ZAR3,532.8689, totaling ZAR1,065,103,456 ($58,122,427).
Update on Repurchase Programme
Naspers started its open-ended repurchase program on June 27, 2022. This program includes N ordinary shares of Naspers and Prosus.
Programme Details
- Start Date: June 27, 2022
- Shares Repurchased: 301,484 Naspers N ordinary shares
- Average Price: ZAR3,532.8689 per share
- Total Consideration: ZAR1,065,103,456 (US$58,122,427)
Weekly Updates
Naspers will provide weekly updates on the repurchase of Prosus ordinary shares. The company has decided to also provide voluntary updates on Naspers shares.
Recent Repurchase Details
The recent purchase between July 1 and July 5 is part of this voluntary update.
| Date Range | Shares Purchased | Average Price (ZAR) | Total Consideration (ZAR) | Total Consideration (USD) |
|---|---|---|---|---|
| July 1 – July 5, 2024 | 301,484 | 3,532.8689 | 1,065,103,456 | 58,122,427 |
