๐ก๐ฎ๐๐ฝ๐ฒ๐ฟ๐ ๐๐๐๐ฏ๐ฎ๐ฐ๐ธ ๐๐ถ๐๐ ๐ฅ๐ฎ๐ฎ๐ณ ๐๐ถ๐น๐น๐ถ๐ผ๐ป
๐ธShares bought back = ๐ฏ๐ญ๐ฎ.๐ฐ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป
๐ธAverage price = ๐ฅ๐ณ๐ฎ๐ด.๐ฑ๐ณ
๐ธTotal = ๐ฅ๐ฎ๐ฎ๐ณ.๐ฒ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป ($12.6 billion)
๐ธAverage FX rate: ๐ฅ๐ญ๐ณ.๐ต๐ด ๐จ๐ฆ๐/๐ญ๐๐ฅ
Naspers has significantly reduced its share count through its strategic buyback initiative which started in September 2022. ( -๐ฐ ๐๐ฒ๐ฎ๐ฟ๐ ๐ฟ๐๐ป๐ป๐ถ๐ป๐ด).
In October 2025, Naspers implemented a ๐ฑ-๐ณ๐ผ๐ฟ-๐ญ ๐๐ต๐ฎ๐ฟ๐ฒ ๐๐ฝ๐น๐ถ๐, which drastically increased their outstanding shares, however, that didnโt affect investors. ๐ฅ๐ฒ๐ฎ๐ฑ ๐บ๐ผ๐ฟ๐ฒ ๐ถ๐ป ๐๐ต๐ฒ ๐ฎ๐๐๐ฎ๐ฐ๐ต๐ฒ๐ฑ ๐ฝ๐ผ๐๐.
Additionally,
the graph below is already split adjusted to account for the stock split that occurred,
It shows by how much Naspers has reduced their outstanding shares (N shares). ๐ฅ๐ผ๐๐ด๐ต๐น๐ ๐ฎ๐ฏ.๐ฐ% ๐ผ๐ณ ๐๐ต๐ฒ๐ถ๐ฟ ๐๐ต๐ฎ๐ฟ๐ฒ๐ ๐ผ๐๐๐๐๐ฎ๐ป๐ฑ๐ถ๐ป๐ด ๐ต๐ฎ๐ ๐ฏ๐ฒ๐ฒ๐ป ๐ฏ๐ผ๐๐ด๐ต๐ ๐ฏ๐ฎ๐ฐ๐ธ ๐๐ถ๐ป๐ฐ๐ฒ ๐ ๐ฎ๐ฟ๐ฐ๐ต ๐ฎ๐ฌ๐ฎ๐ฏ.
And about 40% since they started. ๐คฏ
๐ก๐ฎ๐๐ฝ๐ฒ๐ฟ๐
In October, Naspers share price will fall drastically, ๐๐ผ๐๐ฒ๐๐ฒ๐ฟ,
this is not because the company is selling off, but rather because they are planning to increase their outstanding shares by a factor of 5.
๐ง๐ต๐ฒ๐ ๐๐ถ๐น๐น ๐ถ๐บ๐ฝ๐น๐ฒ๐บ๐ฒ๐ป๐๐ฒ๐ฑ ๐ฎ ๐ฑ-๐ณ๐ผ๐ฟ-๐ญ ๐๐ต๐ฎ๐ฟ๐ฒ ๐๐ฝ๐น๐ถ๐.
This means shareholders will receive an additional 4 shares for every 1 they already own, ๐ถ.๐ฒ. ๐ถ๐ณ ๐๐ผ๐ ๐ผ๐๐ป ๐ผ๐ป๐ฒ ๐๐ต๐ฎ๐ฟ๐ฒ ๐๐ผ๐ฑ๐ฎ๐ - ๐๐ผ๐ ๐๐ถ๐น๐น ๐ป๐ผ๐ ๐ผ๐๐ป ๐ฑ ๐ถ๐ป ๐ข๐ฐ๐๐ผ๐ฏ๐ฒ๐ฟ
This allows the share price to fall, but not the value of your holdings.
๐ Record date: 3rd October
๐ Share split: 6th October