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PetroTal Corp ( (TSE:TAL) ) has issued an update.
PetroTal Corp. has executed a share buyback program, purchasing 28,384 common shares through Stifel Nicolaus Europe Limited, which will be canceled. This move reduces the total number of shares in circulation to 914,131,558, potentially impacting shareholder voting rights and signaling confidence in the company’s financial health.
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.
Learn more about TAL stock on TipRanks’ Stock Analysis page.