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PetroTal Corp ( (TSE:TAL) ) has provided an update.
PetroTal Corp. has executed a share buyback program, purchasing 3,825 common shares at a price of 0.69 CAD each. This move is part of its strategy to manage its capital structure and enhance shareholder value by reducing the number of shares in circulation, thereby increasing the value of remaining shares. The total voting rights in the company now stand at 914,576,499 shares, which stakeholders can use to assess their interests in the company.
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 has become the largest crude oil producer in Peru since early 2022 and is committed to community-sensitive energy production.
See more data about TAL stock on TipRanks’ Stock Analysis page.