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International Petroleum Corporation ( (TSE:IPCO) ) has shared an announcement.
International Petroleum Corporation announced the repurchase of 132,778 common shares under its normal course issuer bid (NCIB) from August 18 to 22, 2025. The repurchase was conducted on both 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 capital structure and enhance shareholder value, with a total of 6,768,981 shares repurchased since December 2024. The NCIB allows for a maximum of 7,465,356 shares to be repurchased by December 2025, indicating IPC’s commitment to maintaining a flexible and efficient capital allocation strategy.
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, incorporated in Canada, and its shares are listed on the Toronto Stock Exchange and Nasdaq Stockholm under the symbol ‘IPCO’.
Average Trading Volume: 97,826
Technical Sentiment Signal: Buy
Current Market Cap: C$2.92B
Find detailed analytics on IPCO stock on TipRanks’ Stock Analysis page.