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International Petroleum Corporation ( (TSE:IPCO) ) just unveiled an update.
International Petroleum Corporation (IPC) announced the results of its normal course issuer bid, having repurchased a total of 289,393 common shares between August 25 and 29, 2025. These repurchases were part of IPC’s ongoing share buyback program, which began in December 2024. The repurchased shares will be canceled, reducing the total number of issued and outstanding shares. This move is part of IPC’s strategy to manage its share capital and potentially enhance shareholder value.
The most recent analyst rating on (TSE:IPCO) stock is a Hold with a C$27.00 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 and the Nasdaq Stockholm exchange under the symbol ‘IPCO’.
Average Trading Volume: 97,707
Technical Sentiment Signal: Buy
Current Market Cap: C$2.89B
See more data about IPCO stock on TipRanks’ Stock Analysis page.