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PetroTal Corp Completes Share Buyback and Cancellation
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PetroTal Corp Completes Share Buyback and Cancellation

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PetroTal Corp ( (TSE:TAL) ) just unveiled an update.

PetroTal Corp has announced the repurchase and cancellation of 28,096 common shares under its share buyback program, initially declared in May 2024. Following this transaction, the company’s total voting rights stand at 911,956,443 shares. This move may impact shareholders as it adjusts the share count used for calculating interest changes under the FCA’s Disclosure Guidance and Transparency Rules.

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 began oil production in this field in June 2018 and became the largest crude oil producer in Peru by early 2022.

YTD Price Performance: -16.67%

Average Trading Volume: 652,878

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$538.7M

Find detailed analytics on TAL stock on TipRanks’ Stock Analysis page.

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