PetroTal Corp ( (TSE:TAL) ) has issued an announcement.
PetroTal Corp. has executed a share buyback program, purchasing 128,666 common shares at a price of 0.59 CAD per share. This transaction adjusts the total voting rights in the company to 915,508,210, which stakeholders can use for interest calculations under the FCA’s rules. The buyback reflects PetroTal’s strategic financial management and may impact shareholder value and market perception.
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: 629,925
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$549.7M
For detailed information about TAL stock, go to TipRanks’ Stock Analysis page.