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PetroTal Corp ( (TSE:TAL) ) just unveiled an announcement.
PetroTal Corp announced the repurchase of 21,814 common shares as part of its share buyback program, which will be canceled, leaving the company with 913,080,317 shares in issue. This move is part of PetroTal’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its strong operational position in the oil and gas industry.
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.