We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Prosus, the consumer internet arm of Africa’s most valuable company Naspers, has announced an up to $5bn (R82bn) share buyback programme as it seeks to help close the gap between the value of its underlying assets and its shares.

Prosus was spun out of Naspers and separately listed in September 2019, partly to help reduce the discount at which its shares trade relative to its net asset value per share...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now