Petro Tal Corp (TSE:TAL) has released an update.
PetroTal Corp. has completed a share buyback program, purchasing a total of 88,000 common shares, which will subsequently be cancelled, thereby reducing the number of shares in issue to 914,839,048 and consolidating the total voting rights. The buyback was executed through transactions with Stifel Nicolaus Europe Limited on May 03, 2024, with the prices per share ranging between 47.500 and 47.580 pence in the UK, and between 0.800 and 0.810 CAD in Canada. This strategic move underscores PetroTal’s commitment to enhancing shareholder value and marks a significant step in the company’s financial strategy.
For further insights into TSE:TAL stock, check out TipRanks’ Stock Analysis page.
