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Tharisa ( (GB:THS) ) has provided an announcement.
Tharisa PLC, a mining and metals company listed on the Johannesburg and London stock exchanges, announced the repurchase of its own shares as part of a previously announced share repurchase programme. The company purchased 2,988 shares on the JSE and 5,000 shares on the LSE, with these shares to be held in treasury for up to two years. This move is part of Tharisa’s strategic financial management, potentially impacting its market positioning and shareholder value. The total number of voting rights in Tharisa now stands at 294,175,203, which is crucial for shareholders in determining their interest in the company.
The most recent analyst rating on (GB:THS) stock is a Buy with a £1.00 price target. To see the full list of analyst forecasts on Tharisa stock, see the GB:THS Stock Forecast page.
More about Tharisa
Tharisa is an integrated resource group focused on the energy transition and decarbonisation of economies. The company is involved in exploration, mining, processing, and marketing of PGMs and chrome concentrates, leveraging innovation and technology. Its main asset is the Tharisa Mine in South Africa, and it is developing the Karo Platinum Project in Zimbabwe. Tharisa aims to reduce its carbon footprint by 30% by 2030 and achieve net carbon neutrality by 2050.
Average Trading Volume: 314,519
Technical Sentiment Signal: Buy
Current Market Cap: £284.6M
For an in-depth examination of THS stock, go to TipRanks’ Overview page.