International Petroleum Corporation Completes Share Repurchase Program
News related to:International Petroleum Corporation · 2 min read
TORONTO, Sept. 14, 2026 /CourierPR/ -- International Petroleum Corporation (IPC) has announced the results of its latest share repurchase program, which took place from September 7 to 11, 2026. During this period, IPC repurchased a total of 46,354 common shares, with 26,354 shares purchased on the Nasdaq Stockholm and 20,000 shares acquired on the Toronto Stock Exchange (TSX).
The repurchase activity was carried out in accordance with the company’s previously announced normal course issuer bid (NCIB) program, which was launched on December 3, 2025. The NCIB is being executed in compliance with the Market Abuse Regulation (MAR) and the Safe Harbour Regulation, as well as the applicable rules and policies of the Toronto Stock Exchange and Nasdaq Stockholm.
According to IPC, all share repurchases were executed by Pareto Securities AB on behalf of IPC on the Nasdaq Stockholm, while ATB Securities Inc. handled the repurchases on the TSX. The total number of common shares repurchased under the NCIB through the facilities of the TSX and Nasdaq Stockholm up to September 11, 2026, amounted to 914,475 shares. The company has a maximum of 6,468,077 shares that may still be repurchased up to December 4, 2026, or until the NCIB is completed or terminated by IPC.
As of September 11, 2026, the total number of issued and outstanding IPC common shares is 112,159,304, with IPC holding 247,027 common shares in treasury. The repurchased shares will be cancelled, returning value to IPC’s shareholders.
International Petroleum Corporation is an international oil and gas exploration and production company with operations in Canada, Malaysia, and France. The company’s shares are listed on the Toronto Stock Exchange and the Nasdaq Stockholm under the symbol "IPCO." The NCIB program is part of IPC’s strategy to enhance shareholder value through the reduction of the number of outstanding shares.
IPC’s management believes that the NCIB program is in line with the company’s commitment to optimizing shareholder returns. The company continues to monitor market conditions and will make adjustments to the NCIB program as necessary to ensure the best outcomes for its shareholders.
The NCIB program is a key component of IPC’s overall strategy to strengthen its financial position and enhance shareholder value. The company remains focused on maintaining its high-quality portfolio of assets and exploring opportunities for organic and inorganic growth.