Thungela Resources Announces Strategic Share Acquisition
Company Announcements

Thungela Resources Announces Strategic Share Acquisition

Thungela Resources Limited (GB:TGA) has released an update.

Thungela Resources Limited has executed a strategic on-market acquisition of 7,010 ordinary shares under its 2021 Share Plan, with a transaction value of R897,630.50. These shares will be held in Treasury for future settlement of rights associated with the forfeitable shares. This move indicates Thungela’s ongoing commitment to its shareholder incentive programs.

For further insights into GB:TGA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskThungela Resources Updates on Treasury Shares
TipRanks UK Auto-Generated NewsdeskThungela Resources Awards Shares to Company Secretary
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App