Prosus to buy back $5 billion of shares

[Bradley Prior]

Prosus to buy back $5 billion of shares

Prosus NV plans to buy back a combined $5 billion of shares in the global e-commerce giant and its South African parent Naspers Ltd., a move designed to narrow a valuation discount between the company and its stake in Tencent Holdings Ltd. [Bloomberg]

 

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If anyone can give something clarification.
Is this a company part of a group company (Naspers) buying stock from within another company in the group?

Or do they intend to buy back public listed stock?

I'm not a finance guru.
I'm surprised to see so many names of companies I know that's under the Prosus flag.