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Thungela Resources Limited ( (GB:TGA) ) just unveiled an update.
Thungela Resources Limited has announced the acquisition of ordinary shares on the Johannesburg Stock Exchange for future settlement of rights issued as conditional shares under the 2021 Thungela Share Plan. This strategic move involves purchasing a total of 640,554 shares over four days, with a transaction value exceeding R59 million, indicating the company’s commitment to fulfilling its share plan obligations and potentially enhancing shareholder value.
More about Thungela Resources Limited
Thungela Resources Limited is a company incorporated in the Republic of South Africa, operating primarily in the mining industry. It is listed on both the Johannesburg Stock Exchange and the London Stock Exchange under the share code TGA.
Average Trading Volume: 218,184
Technical Sentiment Signal: Sell
Current Market Cap: £542.6M
See more data about TGA stock on TipRanks’ Stock Analysis page.