Pros Holdings, Inc. shares rise 1.50% intraday after Post Holdings, Inc. announces a $500 million equity buyback.

Pros Holdings, Inc. rose 1.50% during intraday trading. The company's stock price increase may be attributed to the recent share repurchase program announced by Post Holdings, Inc. (NYSE:POST), which will repurchase up to $500 million worth of its shares. This program, valid for a 2-year period, could indicate a positive outlook for the company and its stock.