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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 announcement.

PetroTal Corp announced the purchase and cancellation of 11,976 common shares as part of its share buyback program. This move will leave the company with 911,682,290 common shares in issue, impacting shareholder calculations related to voting rights 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, primarily focused on the development of oil assets in Peru. The company’s flagship asset is the Bretana oil field in Peru’s Block 95, where it holds a 100% working interest. PetroTal has positioned itself as the largest crude oil producer in Peru since early 2022, emphasizing community-sensitive energy production to benefit stakeholders.

YTD Price Performance: 18.33%

Average Trading Volume: 715,791

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$629.2M

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

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