International Petroleum Corporation (TSE:IPCO) has released an update.
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International Petroleum Corporation has announced the repurchase of 163,562 common shares under its share buyback program from December 23 to 31, 2024. This move indicates a strategic effort by the company to reduce the number of outstanding shares, potentially boosting shareholder value. The total number of shares repurchased in December 2024 amounted to 823,386, with a maximum of 7,465,356 shares eligible for repurchase over the next year.
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