naspers ltd-n shs (NPN:Johannesburg)
Transactions by NASPERS LTD-N SHS (NPN) in the last 6 months
Naspers Ltd. (JSE:NPN) acquired a 6.1% stake in Souq.com FZ-LLC for approximately ZAR 300 million in cash in June 2013. Post completion, Naspers Ltd. directly and indirectly holds 35.8% stake in Souq.com.
The shareholders of Naspers Ltd. (JSE:NPN) authorized a share repurchase program at its Annual General Meeting on August 30, 2013. Under the plan, the company will repurchase its own N ordinary shares, representing up to 20% of its issued share capital. Repurchases may not be made at a price more than 10% above the weighted average of the market value on the JSE for the five business days immediately preceding the repurchase. Repurchases may not take place during a prohibited ...
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