Petrotal Corp T.TAL

Share buyback program

[60PlusWhoCares]

PetroTal Corp has executed a share buyback program, acquiring 30,280 common shares, which will be canceled, reducing the company’s total shares in circulation to 912,276,506. This strategic move could potentially enhance shareholder value by reducing the number of shares and increasing earnings per share. Investors might find this development promising as it reflects PetroTal’s confidence in its financial health and future prospects.

PetroTal Corp. Executes Strategic Share Buyback - TipRanks.com

[downwithdotcom1]

your kidding right??? 30k shares bought against a float of almost 1 billion shares??? that story was BOT generated and not worth the paper it was printed on...dwdc

[60PlusWhoCares]

Relax buddy....relax and take a pill

[downwithdotcom1]

right back at you sunshine...i will put in another way so even you can understand..this 30k share buyback against their almost 1 billion share float works out to 0.0033% so it would take them nearly 100 years just to achieve 1% allowing for 4 buybacks per year...and this is suppossed to be a vote of confidence that shareholders should pay attention to???? dwdc

[mjh9413]

The ONE thing I have never liked about this compaany is the egregious grant of PSU's and other options to Executive and employees. 17MILION PSU's outstanding. Now I haven't looked at the subject but if they have not enough shares in treasury they wud buy in market to satisfy any exercise. Still it is this gravy they pour onto themselves that I despise. I guess I should have looked at