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International Petroleum Corporation ( (TSE:IPCO) ) just unveiled an announcement.
International Petroleum Corporation (IPC) announced the results of its normal course issuer bid, repurchasing a total of 98,176 common shares between September 8 and 12, 2025. The repurchases were 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 ongoing strategy to manage its share capital and potentially enhance shareholder value. Since the start of the program in December 2024, IPC has repurchased over 7.2 million shares, nearing the maximum allowed under the current bid.
The most recent analyst rating on (TSE:IPCO) stock is a Hold with a C$26.00 price target. To see the full list of analyst forecasts on International Petroleum Corporation stock, see the TSE:IPCO Stock Forecast page.
Spark’s Take on TSE:IPCO Stock
According to Spark, TipRanks’ AI Analyst, TSE:IPCO is a Neutral.
The overall stock score of 67 reflects a mixed outlook for International Petroleum Corporation. The most significant factor is the company’s financial performance, which is challenged by declining revenue and profitability margins. Technical analysis shows positive momentum, but valuation concerns arise from a high P/E ratio and lack of dividend yield. The earnings call provided a balanced sentiment with strong operational performance but highlighted financial challenges.
To see Spark’s full report on TSE:IPCO stock, click here.
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 (TSX) and the Nasdaq Stockholm exchange under the symbol ‘IPCO’.
Average Trading Volume: 91,689
Technical Sentiment Signal: Buy
Current Market Cap: C$2.71B
Find detailed analytics on IPCO stock on TipRanks’ Stock Analysis page.