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Tharisa ( (GB:THS) ) just unveiled an update.
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 10,256 shares on the Johannesburg Stock Exchange and 326,605 shares on the London Stock Exchange during the specified period. These shares will be held in treasury for up to two years and may be cancelled if not reissued. This move is part of Tharisa’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:THS) stock is a Buy with a £200.00 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 involved in the global energy transition and decarbonisation of economies. It operates across the entire value chain for platinum group metals (PGMs) and chrome concentrates, with significant operations at the Tharisa Mine in South Africa and the Karo Platinum Project in Zimbabwe. The company is committed to reducing carbon emissions and achieving net carbon neutrality by 2050, and is advancing technology solutions such as iron chromium redox flow battery technology for renewable energy storage.
Average Trading Volume: 367,397
Technical Sentiment Signal: Buy
Current Market Cap: £283.5M
See more data about THS stock on TipRanks’ Stock Analysis page.