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PetroTal Corp ( (TSE:TAL) ) has issued an update.
PetroTal Corp. announced the repurchase of 21,116 common shares as part of its share buyback program, with the purchased shares set to be canceled. This transaction will leave the company with a total of 914,428,335 common shares in circulation. The buyback is part of PetroTal’s strategy to manage its capital structure and potentially enhance 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 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.