International Petroleum Corporation’s Share Repurchase Update

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

International Petroleum Corporation has successfully repurchased 111,400 common shares as part of its normal course issuer bid, with transactions conducted on both Nasdaq Stockholm and the Toronto Stock Exchange. This repurchase program, which began in December 2023, aims to cancel the acquired shares, impacting the company’s share structure by reducing the number of outstanding shares.

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