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PetroTal Corp ( (TSE:TAL) ) has issued an update.
PetroTal Corp announced the completion of a share buyback program, purchasing 12,070 common shares which will be cancelled. This action leaves the company with 911,694,266 common shares in issue, impacting shareholder voting rights. This strategic move reflects PetroTal’s ongoing efforts to manage its capital structure efficiently.
More about PetroTal Corp
PetroTal Corp is a publicly traded oil and gas development and production company based in Calgary, Alberta. It is focused on developing oil assets in Peru with its flagship asset being the 100% interest in the Bretana oil field in Block 95. The company has significant expertise in the Peruvian oil sector and aims to enhance community-sensitive energy production to benefit stakeholders.
YTD Price Performance: 15.00%
Average Trading Volume: 707,951
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$629.2M
For an in-depth examination of TAL stock, go to TipRanks’ Stock Analysis page.
