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PetroTal Corp ( (TSE:TAL) ) has provided an update.
PetroTal Corp has executed a share buyback program, purchasing 24,142 common shares which will be canceled. Following this transaction, the company will have a total of 911,656,212 common shares in issue, allowing shareholders to use this figure for relevant calculations regarding their interests in the company. This move is part of PetroTal’s strategic financial management, potentially impacting its market position and shareholder value.
More about PetroTal Corp
PetroTal Corp is a publicly traded oil and gas development and production company headquartered in Calgary, Alberta. It is listed on TSX, AIM, and OTCQX. The company focuses on developing oil assets in Peru, with its flagship project being the Bretana oil field in Peru’s Block 95. PetroTal is recognized as the largest crude oil producer in Peru and aims to promote community-sensitive energy production.
YTD Price Performance: 15.00%
Average Trading Volume: 721,859
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$629.2M
For detailed information about TAL stock, go to TipRanks’ Stock Analysis page.