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IPC Advances Share Buy-Back Program, Cancels Stocks
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IPC Advances Share Buy-Back Program, Cancels Stocks

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

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International Petroleum Corporation (IPC) has actively engaged in their stock buy-back program, repurchasing 180,800 shares within the first week of August 2024. This recent transaction is part of IPC’s ongoing effort to reduce the number of outstanding shares, of which 6,309,782 have been bought back since December 2023. All repurchased shares are set to be cancelled, contributing to a potential enhancement of shareholder value.

For further insights into TSE:IPCO stock, check out TipRanks’ Stock Analysis page.

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