PetroTal Corp Executes Share Buyback to Optimize Capital Structure

PetroTal Corp ( (TSE:TAL) ) has shared an announcement.

PetroTal Corp announced the repurchase of 35,000 common shares as part of its share buyback program, which was initially announced in May 2024 and amended in April 2025. Following this transaction, the company has a total of 915,465,936 common shares in issue, with no treasury shares, impacting the total voting rights. This move is part of PetroTal’s strategic efforts to manage its capital structure and enhance shareholder value.

More about PetroTal Corp

PetroTal Corp is a publicly traded oil and gas development and production company based in Calgary, Alberta. The company 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.

YTD Price Performance: 5.77%

Average Trading Volume: 614,207

Technical Sentiment Signal: Buy

Current Market Cap: C$503.9M

Learn more about TAL stock on TipRanks’ Stock Analysis page.