International Petroleum Corporation (TSE:IPCO) has released an update.
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International Petroleum Corporation has repurchased 115,804 of its common shares as part of a share buyback program. These repurchases, conducted on Nasdaq Stockholm and the Toronto Stock Exchange, are part of a plan to buy back up to 7,465,356 shares over the next year. All repurchased shares will be canceled, reducing the total number of outstanding shares.
For further insights into TSE:IPCO stock, check out TipRanks’ Stock Analysis page.
