PetroTal Corp ( (TSE:TAL) ) has provided an announcement.
PetroTal Corp announced the repurchase of 128,666 common shares as part of its ongoing share buyback program. This transaction, executed through Stifel Nicolaus Europe Limited, results in a total of 915,254,044 voting rights for shareholders. The buyback is part of PetroTal’s strategic financial management, potentially enhancing shareholder value and reflecting confidence in the company’s 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 Peru’s Block 95. The company became the largest crude oil producer in Peru in early 2022 and is committed to community-sensitive energy production.
YTD Price Performance: 15.38%
Average Trading Volume: 617,949
Technical Sentiment Signal: Buy
Current Market Cap: C$549.7M
See more insights into TAL stock on TipRanks’ Stock Analysis page.