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PetroTal Corp ( (TSE:TAL) ) has shared an update.
PetroTal Corp has executed a share buyback program, purchasing 21,642 common shares, which will be canceled, resulting in a total of 916,617,656 shares outstanding. This move is part of its strategy to manage share capital and potentially enhance shareholder value, reflecting its robust market position and commitment to stakeholder interests.
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 Peru’s Block 95. PetroTal is the largest crude oil producer in Peru and is committed to community-sensitive energy production.
YTD Price Performance: 13.33%
Average Trading Volume: 701,647
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$619.9M
Learn more about TAL stock on TipRanks’ Stock Analysis page.