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Thungela Resources Limited ( (GB:TGA) ) has provided an announcement.
Thungela Resources Limited announced the acquisition of ordinary shares to be used for future settlement of rights under its 2021 Share Plan. The transactions, conducted on 21 and 22 August 2025, involved purchasing a total of 127,356 shares at an average price of approximately R91.54 per share, with a total transaction value exceeding R11.7 million. This strategic move is part of Thungela’s ongoing efforts to manage its share plan effectively, potentially impacting its market positioning and shareholder value.
More about Thungela Resources Limited
Thungela Resources Limited is a company incorporated in South Africa, primarily involved in the mining industry. The company is listed on the Johannesburg Stock Exchange and the London Stock Exchange, and it focuses on coal production and related activities.
Average Trading Volume: 306,062
Technical Sentiment Signal: Hold
Current Market Cap: £563.1M
See more insights into TGA stock on TipRanks’ Stock Analysis page.