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Tharisa ( (GB:THS) ) has shared an update.
Tharisa PLC, a mining and metals company listed on the Johannesburg and London stock exchanges, has executed a share repurchase program, acquiring shares on both the JSE and LSE. This strategic move, involving the purchase of 21,516 shares on the JSE and 557,550 shares on the LSE, is part of a broader initiative to manage its share capital effectively. The repurchased shares will be held in treasury for up to two years, impacting the total voting rights and potentially influencing shareholder interest calculations.
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 exploration, mining, processing, and marketing of PGMs and chrome concentrates, with a focus on innovation and technology. The company operates the Tharisa Mine in South Africa and is developing the Karo Platinum Project in Zimbabwe. Tharisa is committed to reducing its carbon footprint and aims to become net carbon neutral by 2050.
Average Trading Volume: 315,453
Technical Sentiment Signal: Buy
Current Market Cap: £282M
See more insights into THS stock on TipRanks’ Stock Analysis page.