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The latest update is out from PetroTal Corp ( (TSE:TAL) ).
PetroTal Corp has executed a share buyback program, purchasing 20,468 common shares which will be subsequently cancelled, thereby adjusting the total voting rights to 916,491,234. This strategic move is part of PetroTal’s ongoing efforts to manage its capital structure and reflects a continued focus on creating shareholder value.
More about PetroTal Corp
PetroTal Corp is a publicly traded oil and gas development and production company, headquartered in Calgary, Alberta. The company focuses on developing oil assets in Peru, with its flagship asset being the Bretana oil field in Peru’s Block 95. Since early 2022, PetroTal has become the largest crude oil producer in Peru, led by a management team with significant experience in Peruvian oil exploration and development. The company is committed to community-sensitive energy production, benefiting all stakeholders.
YTD Price Performance: 20.0%
Average Trading Volume: 689,061
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$656.4M
See more insights into TAL stock on TipRanks’ Stock Analysis page.
