Improving our everyday life and our impact
RETURNING VALUE TO SHAREHOLDERS
- Proposed dividend of: 10 euro cents per ordinary share N
We have great confidence in Tencent's long-term
prospects and the execution of the buyback programme
will result in the group increasing net asset value
per share.
Prosus and Naspers unwound the cross-holding
structure, allowing the ongoing repurchase programme
to continue.
- Value creation for the group: US$30bn
- Repurchased a total value of >US$7.1bn (FY23: >US$10.5bn)1 Prosus shares
- Increase in NAV per share for shareholders 8.2% since the beginning of the repurchase programme2
1 Repurchased 165.4 million Prosus shares (FY23: 152.8 million Prosus shares).
2 Value created for the group based on the impact of the discount narrowing and the total value of the NAV per share increase after applying the current discount.