IPC Repurchases 72,282 Shares in Two-Day Buyback

International Petroleum Corp. bought back 72,282 of its common shares during Aug. 6-7, the company said Monday. The repurchases were split between two exchanges.

On Nasdaq Stockholm, Pareto Securities handled 57,382 shares on IPC's behalf. The remaining 14,900 shares were bought on the Toronto Stock Exchange through ATB Securities.

All repurchased shares will be cancelled. After the buyback, IPC had 112,826,752 shares outstanding, with 72,282 held in treasury.

The buyback runs under a normal course issuer bid announced Dec. 3, 2025. IPC can still repurchase up to 6.47 million shares through Dec. 4, 2026, or until the program is completed or terminated earlier.

IPC is a Canadian oil and gas producer with assets in Canada, Malaysia and France. It is part of the Lundin Group and trades on the TSX and Nasdaq Stockholm under the ticker IPCO.