DALLAS, Sept. 9, 2011 /PRNewswire/ -- Harold C. Simmons, the Chairman of the Board of Titanium Metals Corporation ("TIMET") (NYSE: TIE), announced that TIMET purchased 400,000 shares of its common stock today at an average price of $14.6281 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