PetroTal Corp Executes Share Buyback Program

The latest update is out from PetroTal Corp ( (TSE:TAL) ).

PetroTal Corp has executed a share buyback program, purchasing 14,023 common shares through Stifel Nicolaus Europe Limited. Following the cancellation of these shares, the company will have 916,232,150 common shares in issue, impacting the total voting rights and potentially affecting shareholder interests under the FCA’s 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 is recognized as the largest crude oil producer in Peru since early 2022 and is committed to community-sensitive energy production.

YTD Price Performance: 21.15%

Average Trading Volume: 705,262

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$577.6M

For an in-depth examination of TAL stock, go to TipRanks’ Stock Analysis page.