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Thungela Resources Limited ( (GB:TGA) ) has issued an update.
Thungela Resources Limited has successfully completed a share buyback program, acquiring 3,254,559 shares for R328 million. These shares are held by a subsidiary and will not be canceled. As of April 30, 2025, the company holds a total of 10,175,308 shares in treasury, which includes shares held for employee awards under the Thungela share plan. The completion of this buyback and the holding of treasury shares may impact shareholder calculations regarding their interests in the company.
More about Thungela Resources Limited
Thungela Resources Limited is a South African company operating in the mining industry, primarily focused on coal production. The company is listed on the Johannesburg Stock Exchange and the London Stock Exchange, and it engages in coal mining and related activities.
YTD Price Performance: -24.53%
Average Trading Volume: 187,582
Technical Sentiment Signal: Buy
Current Market Cap: £537.8M
Find detailed analytics on TGA stock on TipRanks’ Stock Analysis page.
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