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PetroTal Corp Executes Share Buyback, Cancelling 20,036 Shares

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PetroTal Corp ( (TSE:TAL) ) has issued an announcement.

PetroTal Corp announced the repurchase and cancellation of 20,036 common shares as part of its share buyback program. This transaction reduces the total number of outstanding shares to 915,855,542, which will impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

More about PetroTal Corp

PetroTal Corp is a publicly traded oil and gas development and production company based in Calgary, Alberta, with a focus on developing oil assets in Peru. The company’s flagship asset is the Bretana oil field in Peru’s Block 95, where it holds a 100% working interest. PetroTal became the largest crude oil producer in Peru in early 2022 and is committed to community-sensitive energy production.

YTD Price Performance: 10.90%

Average Trading Volume: 622,478

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$531.4M

For detailed information about TAL stock, go to TipRanks’ Stock Analysis page.

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