PetroTal Corp ( (TSE:TAL) ) has provided an announcement.
PetroTal Corp. announced the repurchase of 128,666 common shares as part of its share buyback program. This transaction, executed through Stifel Nicolaus Europe Limited, reflects the company’s ongoing efforts to manage its share capital and potentially enhance shareholder value. Following this buyback, PetroTal’s total voting rights stand at 915,636,876, which stakeholders can use for interest calculations under regulatory guidelines.
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 it aims to develop energy production initiatives that are sensitive to community needs.
YTD Price Performance: 15.38%
Average Trading Volume: 629,925
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$549.7M
For detailed information about TAL stock, go to TipRanks’ Stock Analysis page.