Naspers shareholders may be in for Tencent buy-back windfall

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Naspers's share price closed up 1.26% on Tuesday after its largest investment Tencent told shareholders it would go into the market to buy up to 10% of its own stock

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Business Maverick Interview: Naspers CFO Basil Sgourdos on ‘structural issue’ the giant company is trying to solve by listing in AmsterdamMonday was a red-letter day for SA’s largest locally listed company Naspers, which announced it was moving part of its listing to the Euronext exchange in Amsterdam. In an interview with Business Maverick, Naspers CFO Basil Sgourdos discussed some of the details of this momentous decision and what it means for the future of the company.
Source: dailymaverick - 🏆 3. / 84 Read more »