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International Petroleum Corporation ( (TSE:IPCO) ) has provided an update.
International Petroleum Corporation announced the repurchase of 294,208 of its common shares under its normal course issuer bid program between January 20 and 24, 2025. This move is part of an ongoing effort to repurchase a total of up to 7,465,356 shares by December 2025, with the aim to enhance shareholder value by reducing the number of shares outstanding. The repurchased shares will be canceled, reflecting IPC’s commitment to managing its equity base effectively.
More about International Petroleum Corporation
International Petroleum Corporation (IPC) operates in the petroleum industry, focusing on the exploration and production of oil and gas. The company is listed on the Toronto Stock Exchange and Nasdaq Stockholm, and it adheres to international market regulations and securities laws across Canada and Sweden.
YTD Price Performance: 6.71%
Average Trading Volume: 79,106
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$2.22B
See more data about IPCO stock on TipRanks’ Stock Analysis page.
