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PetroTal Corp. Advances Share Buyback Program
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PetroTal Corp. Advances Share Buyback Program

Petro Tal Corp (TSE:TAL) has released an update.

PetroTal Corp., an oil and gas company with significant operations in Peru, has executed a share buyback program on April 16, 2024, purchasing a total of 15,940 common shares, which will be subsequently cancelled. This move is in line with the company’s previously announced plans to reduce share capital and follows a successful period as Peru’s largest crude oil producer. The cancellation of these shares will leave PetroTal with 915,248,914 common shares in issue, directly impacting the company’s total voting rights.

For further insights into TSE:TAL stock, check out TipRanks’ Stock Analysis page.

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