DALLAS, Aug. 12, 2011 /PRNewswire/ -- Harold C. Simmons, the Chairman of the Board of Titanium Metals Corporation ("TIMET") (NYSE: TIE), announced that TIMET purchased 600,000 shares of its common stock on August 8, 2011 at an average price of $13.6492 per share (exclusive of commissions).

TIMET, headquartered in Dallas, Texas, is a leading worldwide producer of titanium metal products. Information on TIMET is available on its website at www.timet.com.

SOURCE Titanium Metals Corporation