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PetroTal Corp ( (TSE:TAL) ) just unveiled an announcement.
PetroTal Corp. has executed a share buyback program, purchasing 20,624 common shares through Stifel Nicolaus Europe Limited, which will be canceled. This transaction reduces the total number of shares in circulation, potentially increasing shareholder value and demonstrating confidence in the company’s financial health. The total voting rights in the company now stand at 914,555,875, which is relevant for shareholder notifications 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 operates the Bretana oil field in Peru’s Block 95, where it holds a 100% working interest. 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.