Naspers Limited has announced an update on its ongoing share repurchase programme. The programme involves the repurchase of both Naspers and Prosus shares. Naspers has provided detailed figures for the latest period of repurchases.
Recent Repurchases
Between June 17, 2024, and June 21, 2024, Naspers purchased 254,193 of its own shares. The average price paid per share was ZAR 3,730.6317. The total consideration for this purchase was ZAR 948,300,469, equivalent to approximately USD 52,569,187.
Conclusion
Naspers remains committed to its repurchase programme, aiming to enhance shareholder value. The company continues to focus on its strategic investments in the technology and internet sectors. With a robust presence in South Africa and significant global investments, Naspers is well-positioned for future growth.