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International Petroleum Corporation Updates Share Repurchase Program

Strategic Insights

— 1 min read

International Petroleum Corporation (IPC) has updated its normal course issuer bid/ share repurchase program, announcing the cancellation of 76,000 common shares repurchased by the company as of July 31, 2025. With this cancellation, IPC's total number of issued and outstanding common shares stands at 113,278,532, with no common shares held in treasury. As a member of the Lundin Group of Companies, IPC's international oil and gas exploration and production portfolio is positioned for organic and inorganic growth, with assets located in Canada, Malaysia, and France.

Key Takeaways:

  • IPC has cancelled 76,000 common shares repurchased under its normal course issuer bid/share repurchase program as of July 31, 2025.
  • The total number of issued and outstanding common shares of IPC is 113,278,532, with no common shares held in treasury.
  • IPC's oil and gas exploration and production portfolio is comprised of assets located in Canada, Malaysia, and France.
  • The company is a member of the Lundin Group of Companies and has shares listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm exchange under the symbol "IPCO".
  • IPC's shares may be held by institutional investors, individual investors, or other stakeholders with a vested interest in the company's performance.
  • The company's share repurchase program is designed to return value to shareholders and reflect the company's confidence in its future prospects.

Statistics:

  • 76,000 common shares repurchased by IPC under its normal course issuer bid/share repurchase program as of July 31, 2025.
  • 113,278,532 total number of issued and outstanding common shares of IPC as of July 31, 2025.
  • 0 common shares held in treasury by IPC as of July 31, 2025.

Sources:

  • International Petroleum Corporation. (2025, July 31). International Petroleum Corporation Reports the Following, in accordance with the Swedish Financial Instruments Trading Act. GLOBE NEWSWIRE.
  • International Petroleum Corporation. (2025, July 31). Investor Relations Contact. Retrieved from https://www.international-petroleum.com/investor-relations/contact.

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