02:05 PM EDT, 09/30/2025 (MT Newswires) -- International Petroleum ( IPCFF ) (IPCO.TO, IPCO) on Tuesday said it completed its current normal-course issuer bid.

Under the share-repurchase program, the company purchased for cancellation around 7.46 million shares between December 2024 and September 2025, approximately 6.2% of the total outstanding.

The company expects to renew its NCIB for a further twelve months from December 2025 to December 2026, subject to acceptance by the Toronto Stock Exchange (TSX).

Under the renewed 2025/2026 NCIB, International Petroleum ( IPCFF ) would be entitled to purchase on the TSX and/or Nasdaq Stockholm, and cancel, up to approximately 6.5 million shares, approximately 5.8% of the total outstanding.

All of the share repurchases on Nasdaq Stockholm were carried out by Pareto Securities AB and share repurchases on the TSX were carried out by ATB Securities.

The company's shares were last seen down $0.33 to $23.14 on the Toronto Stock Exchange.

Price: 23.15, Change: -0.32, Percent Change: -1.36