International Petroleum Corp. Advances Share Buyback

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

International Petroleum Corporation recently bought back 181,100 of its own shares, under its ongoing normal course issuer bid program, with the intention of canceling them. This buyback took place across Nasdaq Stockholm and the Toronto Stock Exchange, contributing to the reduction of outstanding shares to 121,473,438. The corporation has repurchased a significant portion of the authorized maximum shares since the program’s initiation last December.

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