International Petroleum Corp. Advances Share Buyback

International Petroleum Corporation (TSE:IPCO) has released an update.

International Petroleum Corporation (IPC) has actively repurchased 148,900 of its common shares as part of its normal course issuer bid program between July 29 and August 2, 2024, with the intent of canceling all acquired shares. With these recent buybacks, IPC’s total share repurchase since December 5, 2023, reaches 6,128,982, contributing to a reduced number of outstanding shares and potentially increasing shareholder value.

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