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Tharisa ( (GB:THS) ) just unveiled an update.
Tharisa PLC, dual-listed on the Johannesburg and London stock exchanges, has announced the purchase of ordinary shares under its share repurchase programme. The shares, purchased on both the Johannesburg and London Stock Exchanges between 11 August 2025 and 15 August 2025, will be held in treasury for up to two years. This move is part of Tharisa’s strategy to manage its capital structure and potentially enhance shareholder value. The repurchase programme reflects the company’s confidence in its operations and market positioning, with implications for shareholder voting rights and potential future share cancellations.
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 involved in the energy transition and decarbonisation of economies. The company focuses on exploration, mining, processing, and the marketing of PGMs and chrome concentrates. Tharisa’s main asset is the Tharisa Mine in South Africa, and it is developing the Karo Platinum Project in Zimbabwe. The company is committed to reducing its carbon footprint through renewable energy projects and is developing a proprietary iron chromium redox flow battery.
Average Trading Volume: 375,696
Technical Sentiment Signal: Buy
Current Market Cap: £257M
Learn more about THS stock on TipRanks’ Stock Analysis page.