International Petroleum Corporation - CEO, Mike Nicholson.
CEO, Mike Nicholson.
Source: IPCO
  • International Petroleum Corporation (IPCO) has repurchased a total of 261,012 IPC common shares under the previously announced share repurchase program
  • IPC repurchased a total of 195,346 IPC common shares on Nasdaq Stockholm and purchased a total of 65,666 IPC common shares on the TSX
  • As earlier announced, all common shares repurchased by IPC under the share repurchase program will be cancelled
  • From December 3, 2021 to August 12, 2022, the company has repurchased a total of 8,659,698 IPC common shares under the share repurchase program
  • International Petroleum Corp. is an international oil and gas exploration and production company
  • International Petroleum Corporation opened trading at $13.52 per share

Under its share repurchase program, International Petroleum Corporation (IPCO) has repurchased a total of 261,012 IPC common shares from August 8 to 12, 2022.

IPC repurchased 195,346 IPC common shares on Nasdaq Stockholm and 65,666 common shares on the TSX and alternative Canadian trading systems.

All common shares repurchased by IPC under the share repurchase program will be cancelled.

Following cancellation of the shares repurchased up to August 12, 2022, the total number of issued and outstanding IPC common shares will be 138,449,995.

As at August 12, 2022, the total number of issued and outstanding IPC common shares was 139,377,607 with voting rights and IPC held 927,612 common shares in treasury.

From December 3, 2021, to August 12, 2022, the company has repurchased a total of 8,659,698 IPC common shares under the share repurchase program through the facilities of the TSX Nasdaq Stockholm and alternative Canadian trading systems.

A maximum of 11,097,074 IPC common shares may be repurchased between December 3, 2021, and December 2, 2022.

International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth.

International Petroleum Corporation opened trading at $13.52 per share.


More From The Market Online

Despite Alberta wildfires, this energy stock had a record-breaking 2023

Canadian oil and gas stock i3 Energy plc (TSX:ITE) logs another year of record production of 20,711 boepd.

Buzz on the Bullboards: A recap of recent activity and stocks in focus

After a major sell-off, stock markets have been on edge, monitoring corporate earnings to gauge the direction of the economy.

Unsung profits: Three microcap stocks with a strong case for value

A key factor behind picking winning microcap value stocks is identifying dislocations between company performance and market perception.