Thungela Resources Limited (GB:TGA) has released an update.
Thungela Resources Limited, a South African company, has declared an interim ordinary cash dividend of 200 cents per share, with a withholding tax of 20% applicable for non-exempt shareholders. Additionally, the company has announced a share repurchase program with a maximum aggregate purchase price of R160 million, to be conducted between August 20 and December 31, 2024, subject to market conditions. The repurchases are authorized by shareholders and will be executed on the Johannesburg Stock Exchange.
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