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PetroTal Corp Executes Share Buyback, Reducing Outstanding Shares

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PetroTal Corp Executes Share Buyback, Reducing Outstanding Shares

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PetroTal Corp ( (TSE:TAL) ) just unveiled an update.

PetroTal Corp announced the repurchase of 22,464 common shares as part of its share buyback program, with the shares being cancelled. This transaction reduces the total number of shares in circulation to 913,489,342, potentially impacting shareholder voting rights and interest notifications under regulatory guidelines.

More about PetroTal Corp

PetroTal Corp is a publicly traded oil and gas development and production company based in Calgary, Alberta. The company is primarily focused on developing oil assets in Peru, with its flagship asset being the Bretana oil field in Peru’s Block 95. PetroTal began oil production in June 2018 and became the largest crude oil producer in Peru by early 2022. The company is committed to community-sensitive energy production, benefiting all stakeholders.

Find detailed analytics on TAL stock on TipRanks’ Stock Analysis page.

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