International Petroleum Corp Announces Share Buyback

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

International Petroleum Corporation (IPC) recently announced the repurchase of 138,500 of its common shares under its normal course issuer bid program, with the goal of cancellation. The buyback occurred on both Nasdaq Stockholm and the Toronto Stock Exchange, reflecting IPC’s ongoing efforts to manage its share capital effectively. As of September 30, 2024, the company has reduced its outstanding shares count, with plans to possibly buy back more within the next year.

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