07:00 AM EDT, 07/29/2024 (MT Newswires) -- International Petroleum ( IPCFF ) on Monday said it repurchased 230,519 of its common shares from July 22-26 under its normal course issuer bid.

During the week, IPC repurchased 175,469 shares on Nasdaq Stockholm and 55,050 on the TSX.

As of July 26, IPC had around 123.3 million outstanding shares. Since Dec. 5, 2023, the company has repurchased a total of 6 million common shares under the normal course issuer bid.

A maximum of 8.3 million IPC common shares may be repurchased until Dec. 4, or until the normal course issuer bid is completed or terminated by IPC.

All common shares repurchased under the normal course issuer bid will be cancelled.