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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 34,694 common shares through Stifel Nicolaus Europe Limited. This transaction is part of a previously announced buyback initiative, and following this repurchase, the company now has 914,920,308 common shares in issue. This move is significant for shareholders as it affects the total voting rights and may require them to reassess their interest in the company under regulatory guidelines.

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 holds a 100% working interest in the Bretana oil field in Peru’s Block 95, where it began oil production in June 2018. PetroTal became the largest crude oil producer in Peru in early 2022 and is committed to community-sensitive energy production.

Find detailed analytics on TAL stock on TipRanks’ Stock Analysis page.

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