Tharisa plc Executes Share Repurchases as Part of Buyback Strategy

Strategic Insights -

Tharisa plc, a dual-listed company on the Johannesburg and London stock exchanges, has carried out a series of share repurchases under its Repurchase Programme. The transactions, conducted between September 8 and 12, 2025, involved the acquisition of 20,195 ordinary shares on the Johannesburg Stock Exchange (JSE) and 242,308 shares on the London Stock Exchange (LSE). The shares were purchased at various prices, resulting in a total expenditure of ZAR6.65 million and GBP2.44 million, respectively. As of the latest update, Tharisa has acquired 316,696 shares on the JSE and 2,745,967 shares on the LSE at average prices of ZAR20.9978 and 88.81 pence, respectively.

Key Takeaways:

  • Tharisa plc has executed a series of share repurchases under its Repurchase Programme, acquiring 20,195 ordinary shares on the JSE and 242,308 shares on the LSE between September 8 and 12, 2025.
  • The total expenditure for the repurchased shares on the JSE and LSE amounts to ZAR6.65 million and GBP2.44 million, respectively.
  • Since the inception of the Repurchase Programme, Tharisa has cumulatively purchased 316,696 shares on the JSE at an average price of ZAR20.9978 and 2,745,967 shares on the LSE at an average price of 88.81 pence.
  • The company's trading activity on the LSE was managed independently by Peel Hunt LLP, adhering to predefined criteria and the company's general repurchase authority.
  • As of the latest update, Tharisa's total number of ordinary shares in issue stands at 302.60 million, with 8.41 million shares held in treasury, resulting in 294.18 million voting rights.

Statistics:

  • Total shares acquired on the JSE: 316,696
  • Total expenditure on the JSE: ZAR6.65 million
  • Average price per share on the JSE: ZAR20.9978
  • Total shares acquired on the LSE: 2,745,967
  • Total expenditure on the LSE: GBP2.44 million
  • Volume-weighted average price on the LSE: 92.51 pence
  • Average price per share on the LSE: 88.81 pence

Sources:

  • Johannesburg Stock Exchange (JSE)
  • Tharisa plc
  • Peel Hunt LLP