International Petroleum Corporation (TSE:IPCO) has released an update.
International Petroleum Corporation (IPC) has reported the repurchase of 405,350 of its common shares as part of its normal course issuer bid/share repurchase program. This initiative, which is in compliance with multiple regulations and exchange policies, has seen IPC buy back shares on both Nasdaq Stockholm and the Toronto Stock Exchange, with all repurchased shares set to be cancelled. Since the commencement of the program in December 2023, IPC has repurchased 4,599,805 shares, with the potential to buy up to a maximum of 8,342,119 shares within a year.
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