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IPC Advances Share Buyback Program
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IPC Advances Share Buyback Program

International Petroleum Co (TSE:IPCO) has released an update.

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International Petroleum Corporation (IPC) has actively engaged in its share buyback program, purchasing a total of 97,100 IPC common shares between April 22 and 30, 2024. The repurchased shares, acquired through both the Toronto Stock Exchange and Nasdaq Stockholm, will be cancelled as part of their ongoing effort to return value to shareholders. Since the initiation of the buyback program in December 2023, 3,073,078 shares have been repurchased, with the potential for further buybacks up to a maximum of 8,342,119 shares within a twelve-month period.

For further insights into TSE:IPCO stock, check out TipRanks’ Stock Analysis page.

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