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PetroTal Corp. Executes Share Buyback Program

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PetroTal Corp. Executes Share Buyback Program

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

PetroTal Corp. has executed a share buyback program, purchasing a total of 48,092 common shares through Stifel Nicolaus Europe Limited. This transaction is part of a previously announced buyback initiative, and following the repurchase, the company will have 914,988,946 common shares in issue. This move is likely to impact the company’s market positioning by potentially enhancing shareholder value and adjusting the total voting rights available.

More about PetroTal Corp

PetroTal Corp. is a publicly traded oil and gas development and production company headquartered in Calgary, Alberta. The company focuses on developing oil assets in Peru, with its flagship asset being the Bretana oil field in Peru’s Block 95. PetroTal became the largest crude oil producer in Peru in early 2022 and is committed to community-sensitive energy production.

See more data about TAL stock on TipRanks’ Stock Analysis page.

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