PetroTal Corp ( (TSE:TAL) ) just unveiled an update.
PetroTal Corp has executed a share buyback program, purchasing 3,163 common shares at a price of 0.57 CAD each. This transaction is part of a previously announced buyback initiative, and the company now has 914,991,549 total voting rights. This move is likely aimed at consolidating ownership and potentially enhancing shareholder value.
More about PetroTal Corp
PetroTal Corp is a publicly traded oil and gas development and production company based in Calgary, Alberta. It focuses on the development of 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: 7.69%
Average Trading Volume: 606,172
Technical Sentiment Signal: Buy
Current Market Cap: C$503.9M
See more insights into TAL stock on TipRanks’ Stock Analysis page.