tiprankstipranks
Trending News
More News >

PetroTal Corp. Executes Share Buyback to Enhance Shareholder Value

Story Highlights
PetroTal Corp. Executes Share Buyback to Enhance Shareholder Value

Don’t Miss TipRanks’ Half-Year Sale

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1