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The latest update is out from PetroTal Corp ( (TSE:TAL) ).
PetroTal Corp. has executed a share buyback program, purchasing 21,454 common shares through Stifel Nicolaus Europe Limited. These shares will be canceled, reducing the total number of shares in circulation to 913,533,882. This move is part of PetroTal’s strategy to manage its capital structure and potentially enhance shareholder value.
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. The company became the largest crude oil producer in Peru in early 2022 and is committed to community-sensitive energy production.
Find detailed analytics on TAL stock on TipRanks’ Stock Analysis page.