Tencent shareholders Prosus and Naspers to sell small shares of Tencent

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 Titan Media App reported on June 27 that Tencent Holdings (00700.HK) announced that the company is aware of the company’s major shareholder Prosus (which is majority-owned by Naspers) and the press release issued by Naspers on June 27. Naspers has embarked on a long-term, open-ended repurchase program, which will be funded through an orderly on-site sale of Naspers Group's shares in the company. According to the press release, Naspers Group expects the number of shares of the Company to be sold each day to represent a small fraction of the average daily trading volume of shares of the Company.

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