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PetroTal Corp ( (TSE:TAL) ) has shared an update.
PetroTal Corp, an oil and gas company, has repurchased 11,982 common shares through its share buyback program, with the shares to be canceled. This action adjusts the company’s total voting rights to 911,670,308. The buyback is part of a strategy to manage its share capital effectively, potentially enhancing shareholder value and reflecting the company’s confidence in its operations and future prospects.
More about PetroTal Corp
PetroTal Corp is a publicly traded oil and gas development and production company based in Calgary, Alberta. It focuses on developing oil assets in Peru, with its flagship asset being the Bretana oil field in Block 95, where it has a 100% working interest. PetroTal began oil production at Bretana in June 2018 and became the largest crude oil producer in Peru in early 2022. The company is committed to community-sensitive energy production and aims to benefit all stakeholders.
YTD Price Performance: 18.33%
Average Trading Volume: 715,791
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$629.2M
For an in-depth examination of TAL stock, go to TipRanks’ Stock Analysis page.
