Market Herald logo

Subscribe

Be the first with the news that moves the market
  • International Petroleum Corporation (IPCO) repurchased 1,190,008 common shares between July 11 and July 15, 2022 under its share repurchase program
  • As of July 15, 2022, the company holds 142,707,949 issued and outstanding shares with 2,204,830 shares in treasury
  • International Petroleum Corp. (IPC) is an international oil and gas exploration and production company
  • International Petroleum Corporation opened the day’s trading at $12.20

International Petroleum Corporation (IPCO) repurchased 1,190,008 IPC common shares under its share repurchase program between July 11 and July 15, 2022.

From July 11 to 15, 2022, IPC repurchased a total of 1,117,598 IPC common shares on Nasdaq Stockholm.

IPC also purchased a total of 72,410 IPC common shares on the TSX and/or alternative Canadian trading systems during the same period.

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

As at July 15, 2022, the total number of issued and outstanding shares was 142,707,949 and IPC held 2,204,830 common shares in treasury.

Following the cancellation of the shares repurchased up to July 15, 2022, IPC will hold 140,503,119 issued and outstanding common shares.

A maximum of 11,097,074 IPC common shares may be repurchased over twelve months commencing December 3, 2021 and ending December 2, 2022.

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

International Petroleum Corporation opened the day’s trading at $12.20.

More From The Market Herald

" Shawcor (TSX:SCL) acquires Kanata Electronic Services Ltd

Shawcor (SCL) has acquired Kanata Electronic Services Ltd, expanding into nuclear, aerospace and other industrial wire and cable markets.
Valeura Energy Inc - President & CEO, Sean Guest

" Valeura Energy (TSX:VLE) announces $10.$4M acquisition

Valeura Energy Inc.’s (VLE) subsidiary has signed a $10.4 million sale and purchase agreement with Mubadala Petroleum Holdings Limited.

" New Stratus Energy TSXV:NSE) provides update on Ecuador assets and intent to pursue international arbitration

New Stratus Energy (NSE) provided an update on its Ecuador assets and announced its intention to pursue international arbitration.

" Altima (TSXV:ARH) closes second tranche of $500,000 equity financing

Altima Resources (ARH) has closed the second tranche of its previously-announced private placement for gross proceeds of $195,000.