International Petroleum Corporation Reports on Share Repurchase Program

International Petroleum Corporation ( (TSE:IPCO) ) has shared an announcement.

International Petroleum Corporation (IPC) announced the results of its normal course issuer bid (NCIB), revealing the repurchase of 214,308 common shares between February 24 and 28, 2025. The repurchase was conducted on both the Nasdaq Stockholm and the Toronto Stock Exchange, with all shares set to be canceled. This move is part of IPC’s strategy to manage its share capital and potentially enhance shareholder value, reflecting the company’s active engagement in optimizing its financial structure.

More about International Petroleum Corporation

International Petroleum Corporation (IPC) is an international oil and gas exploration and production company with a high-quality portfolio of assets located in Canada, Malaysia, and France. It is a member of the Lundin Group of Companies and is incorporated in Canada. IPC’s shares are listed on the Toronto Stock Exchange and the Nasdaq Stockholm exchange under the symbol ‘IPCO’.

YTD Price Performance: 20.01%

Average Trading Volume: 85,552

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$2.45B

See more data about IPCO stock on TipRanks’ Stock Analysis page.