PetroTal Corp. (TSX:TAL) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 45,776,656 common shares, representing 5% of its issued share capital.
The purpose of the program is enhancing shareholder returns. The repurchased shares acquired under the bid will be cancelled. The repurchase program is valid till June 2, 2026.
As of May 26, 2025, the company has 914,988,946 issued and outstanding.