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International Petroleum Corporation (TSX:IPCO) announces results of share repurchase program

Energy, Market News
TSX:IPCO
28 November 2022 08:30 (EDT)

Source: International Petroleum Corporation.

International Petroleum Corporation (IPCO) repurchased a total of 130,020 IPC common shares between November 14 and 25, 2022.

The company carried out the transaction under the share repurchase program earlier announced on December 1, 2021.

All of these share repurchases were carried out by ATB Capital Markets Inc. on behalf of IPC.

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

Between December 3, 2021, and November 25, 2022, a total of 9,523,050 IPC common shares have been repurchased under the share repurchase program.

A maximum of 11,097,074 IPC common shares may be repurchased during the twelve-month period ending December 2, 2022.

International Petroleum Corp. is an international oil and gas exploration and production company with a portfolio of assets located in Canada, Malaysia and France.

International Petroleum Corporation (IPCO) opened trading at C$14.98.


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