YPF Sociedad Anonima shares rose following the company's aggressive debt reduction strategy.
The state-owned oil producer repurchased 15.79 billion pesos of its Class XXX notes between May 18 and May 22. This transaction totals approximately $11.33 million.
The buyback aims to reduce future obligations before key 2026 maturities.
Analysts responded by raising price targets for the company. The market move reflects growing optimism regarding the health of YPF's balance sheet.