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Tharisa PLC Announces Share Repurchase as Part of Financial Strategy

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Tharisa PLC Announces Share Repurchase as Part of Financial Strategy

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An update from Tharisa ( (GB:THS) ) is now available.

Tharisa PLC, a mining and metals company listed on the Johannesburg and London stock exchanges, has announced the repurchase of its ordinary shares as part of its share repurchase program. The company purchased 22,136 shares on the Johannesburg Stock Exchange and 341,126 shares on the London Stock Exchange between August 4 and August 8, 2025. These shares will be held in treasury for up to two years, potentially impacting the company’s share structure and voting rights. The repurchase is part of Tharisa’s broader financial strategy and may influence shareholder interests and market perceptions.

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 decarbonization of economies. The company is involved in exploration, mining, processing, and the marketing of PGMs and chrome concentrates. Its main operations are based at the Tharisa Mine in South Africa, and it is developing the Karo Platinum Project in Zimbabwe. Tharisa is committed to reducing its carbon footprint by 30% by 2030 and aims to become net carbon neutral by 2050.

Average Trading Volume: 375,280

Technical Sentiment Signal: Buy

Current Market Cap: £258M

Learn more about THS stock on TipRanks’ Stock Analysis page.

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