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PetroTal Corp. Executes Share Buyback to Enhance Shareholder Value

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PetroTal Corp ( (TSE:TAL) ) has issued an announcement.

PetroTal Corp. announced the repurchase of 35,382 common shares as part of its share buyback program. This move is part of the company’s ongoing efforts to manage its capital structure and enhance shareholder value. Following the repurchase, the total number of common shares in issue is 915,059,088, which will be used as a denominator for shareholders to calculate their interests under the FCA’s Disclosure Guidance and Transparency 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 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.

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