International Petroleum Corporation Reports Share Repurchase Results

An update from International Petroleum Corporation ( (TSE:IPCO) ) is now available.

International Petroleum Corporation (IPC) announced the results of its normal course issuer bid, repurchasing a total of 89,200 common shares between May 26 and 30, 2025. The repurchase was conducted under IPC’s share repurchase program, adhering to regulations and policies of the Toronto Stock Exchange and Nasdaq Stockholm. All repurchased shares will be canceled, contributing to a total of 6,068,324 shares repurchased since the program’s inception. This strategic move aims to optimize the company’s capital structure and potentially enhance shareholder value.

The most recent analyst rating on (TSE:IPCO) stock is a Buy with a C$140.00 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 Outperform.

International Petroleum Corporation’s overall score reflects a mixture of stable financial performance and strategic initiatives like share buybacks and project advancements. While operational efficiency and management strategies are strong, challenges in free cash flow and macroeconomic volatility pose risks.

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 and the Nasdaq Stockholm exchange under the symbol ‘IPCO’.

Average Trading Volume: 102,845

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$2.3B

See more insights into IPCO stock on TipRanks’ Stock Analysis page.