International Petroleum Corporation ( (TSE:IPCO) ) has provided an announcement.
International Petroleum Corporation (IPC) announced the results of its normal course issuer bid, repurchasing a total of 199,956 common shares between March 24 and 31, 2025. The repurchases were conducted on both Nasdaq Stockholm and the Toronto Stock Exchange, with all shares set to be canceled. This initiative is part of IPC’s strategy to manage its share capital effectively, potentially enhancing shareholder value. As of March 31, 2025, IPC has repurchased a total of 4,494,369 shares since the start of the program in December 2024, with a maximum of 7,465,356 shares allowed for repurchase by December 2025.
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. IPC is part of the Lundin Group of Companies and is incorporated in Canada, with its shares listed on the Toronto Stock Exchange and Nasdaq Stockholm under the symbol ‘IPCO’.
YTD Price Performance: 22.99%
Average Trading Volume: 97,967
Technical Sentiment Signal: Sell
Current Market Cap: C$2.52B
For a thorough assessment of IPCO stock, go to TipRanks’ Stock Analysis page.