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JOHANNESBURG - Valterra Platinum Limited (JSE:VAL, LSE:VALT) has purchased 130,767 ordinary shares on the open market to fulfill obligations under its Thobo Employee Share Ownership Plan Trust, according to a company statement released Friday.
The transactions occurred between July 28 and July 31, 2025, with final book build purchases concluding on July 31 for settlement on August 5. The shares were acquired at a volume weighted average price of R873.08.
The bulk of the purchases took place on July 28, when the company bought 90,295 shares at prices ranging from R845.27 to R897.17, with an average purchase price of R868.55. This transaction was valued at approximately R78.43 million.
On July 30, Valterra acquired an additional 40,400 shares at prices between R825.02 and R890.00, averaging R883.26 per share, for a total of about R35.68 million.
The company completed the share acquisition on July 31 with a purchase of 72 shares at an average price of R849.23, ranging from R820.42 to R861.65, valued at R61,144.56.
According to the company’s statement, the shares will be held by the Trust for future delivery to participants in accordance with the Trust rules. The necessary clearance for these transactions was obtained prior to execution.
Valterra Platinum, formerly known as Anglo American (JO:AGLJ) Platinum Limited, is listed on both the Johannesburg Stock Exchange and London Stock Exchange (LON:LSEG).
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