Source: International Petroleum Corporation.
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  • International Petroleum Corporation (IPCO) has repurchased a total of 126,198 IPC common shares from November 1 to 11, 2022
  • The company carried out the transaction under the share repurchase program earlier announced on December 1, 2021
  • A maximum of 11,097,074 IPC common shares may be repurchased over the period of twelve months commencing December 3, 2021, and ending December 2, 2022
  • International Petroleum Corp. (IPCO) is an international oil and gas exploration and production company with assets in Canada, Malaysia and France
  • International Petroleum Corporation last closed up by 2.06 per cent, trading at $15.33 per share

International Petroleum (IPCO) has repurchased 126,198 common shares from November 1 to 11, 2022.

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

IPC is implementing it in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR), Commission Delegated Regulation (EU) No 2016/1052 (Safe Harbour Regulation), the applicable rules and policies of the Toronto Stock Exchange (TSX) and Nasdaq Stockholm, and applicable Canadian and Swedish securities laws.

All of the 126,198 IPC common shares were repurchased by IPC on the TSX.

As previously announced, all common shares repurchased by IPC under the share repurchase program will be cancelled.

As at November 11, 2022, the total number of issued and outstanding IPC common shares was 137,842,861 with voting rights, of which 126,198 common shares were held by IPC in treasury.

Since December 3, 2021, up to and including November 11, 2022, a total of 9,393,030 IPC common shares have been repurchased under the share repurchase program through the facilities of the TSX, Nasdaq Stockholm and/or alternative Canadian trading systems.

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

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

International Petroleum Corporation last closed up by 2.06 per cent trading at $15.33 per share.


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