SUBSCRIBE
PROFILE

International Petroleum Corporation continues its share buyback program

International Petroleum Corporation (IPC) repurchased 407,001 of its own shares between February 3 and February 7, 2025, as part of its ongoing buyback program. These transactions are part of the company’s capital management strategy and involve the Stockholm and Toronto markets.

Share:

Subscribe for unlimited access to all the latest energy sector news.

Over 150 multisector articles and analyses every week.

For less than €3/week*

*For an annual commitment

*Engagement annuel à seulement 99 € (au lieu de 149 €), offre valable jusqu'au 30/07/2025 minuit.

SUBSCRIBE

International Petroleum Corporation (IPC), listed on the Toronto Stock Exchange (TSX) and Nasdaq Stockholm, is continuing the execution of its ongoing share buyback program. Between February 3 and February 7, 2025, IPC acquired a total of 407,001 common shares under its Normal Course Issuer Bid (NCIB).

Transactions on stock markets

On the Swedish Nasdaq Stockholm market, IPC purchased 330,941 common shares. These acquisitions were executed by Pareto Securities AB, acting on behalf of the company. Additionally, on the Canadian TSX market, IPC repurchased 76,060 common shares through ATB Securities Inc.

Regulatory framework and strategy

This share buyback program falls within the regulatory framework of the European Union’s Market Abuse Regulation (MAR) and the Safe Harbour Regulation. It also complies with the rules and policies in place on the TSX and Nasdaq Stockholm, as well as Canadian and Swedish securities laws.

Impact on share capital

All repurchased shares will be canceled, thereby reducing the number of shares in circulation. As of February 7, 2025, IPC has 117,781,927 shares outstanding with voting rights, of which 508,853 are held in treasury by the company. Since the program’s launch on December 5, 2024, IPC has repurchased a total of 2,609,627 shares. The program allows for a maximum repurchase of 7,465,356 shares until December 4, 2025, unless suspended earlier.

  • Popular on energynews.pro
Adapture Renewables launches its first storage projects with 74 MWh in Texas
RWE secures four maintenance vessels to support its offshore wind fleet in Europe
Rubellite Energy Corp. records an 81% increase in cash flow in Q2 2025
Suncor Energy posts net profit of $1.13 bn in the second quarter of 2025
BOEM Abandons Five-Year Schedule to Increase Flexibility in Offshore Wind Auctions
GFL Environmental finalises $4.25bn deal to recapitalize Green Infrastructure Partners
GFL Environmental announces the recapitalization of Green Infrastructure Partners at an enterprise value of $4.25bn, involving new institutional investors and a major redistribution of capital to its shareholders.
Uniper tightens annual guidance and adjusts its energy transformation strategy
Uniper reaffirms its targets for the year, narrows its forecast range, and strengthens its transformation strategy while launching cost-cutting measures in a demanding market environment.
Yanara gains independence to accelerate renewable project expansion in Asia-Pacific
BrightNight’s Asian subsidiary becomes Yanara and positions itself as an independent player to strengthen the development of large-scale renewable energy solutions in the Asia-Pacific region.
Brookfield invests $6 billion in Duke Energy Florida
Brookfield acquires 19.7% of Duke Energy Florida for $6 billion, strengthening the group's investment capacity and supporting a five-year modernisation plan valued at $87 billion.
ADNOC Gas achieves record profit and accelerates its investment strategy in 2025
With a net profit of $1.385bn in the second quarter of 2025 and a sharp rise in capex, ADNOC Gas consolidates its position in the global natural gas market.
Siemens Energy sets order record and raises 2025 annual outlook
Siemens Energy posts historic third-quarter orders, significant revenue growth and lifts its dividend ban, reinforcing its backlog strength and ambitions for profitable growth in 2025.
Chinese manufacturers accelerate global expansion, Wood Mackenzie reports, to overcome trade barriers
The proliferation of Chinese industrial sites abroad, analysed by Wood Mackenzie, allows renewable energy players to expand their hold on the sector despite intensified global protectionist measures.
Pedro Cherry takes the helm at Mississippi Power during the company’s centennial year
Pedro Cherry becomes chief executive officer of Mississippi Power, succeeding Anthony Wilson, as the company navigates regional growth and significant challenges in the energy sector of the southern United States.
METLEN Energy & Metals enters London Stock Exchange after successful share offer
METLEN Energy & Metals makes its debut on the London Stock Exchange after a share exchange offer accepted by more than 90% of shareholders, opening a new phase of international growth.
Q ENERGY secures EUR109mn to finance four renewable projects in France
Q ENERGY France secures a EUR109mn loan from BPCE Energeco for the construction of two wind farms and two solar power plants with a combined capacity of 55 MW.
Enbridge deploys $2 billion in solar and natural gas to fuel industrial growth
The Canadian energy infrastructure giant launches major projects totaling $2 billion to meet explosive demand from data centers and North American industrial sector.
Chevron cuts quarterly profit despite strategic Hess integration
Chevron’s net profit dropped sharply in the second quarter, affected by falling hydrocarbon prices and exceptional items, as the group completed its acquisition of Hess Corporation.
ExxonMobil maintains shareholder returns despite a drop in quarterly net profit
ExxonMobil reports a decrease in net profit to $7.08bn in the second quarter but continues its policy of high shareholder returns and advances its cost reduction objectives.
Sitka Power takes full control of Synex Renewable Energy for $8.82 mn
Sitka Power Inc. completes the acquisition of Synex Renewable Energy Corporation for $8.82 mn, consolidating its hydroelectric assets and strengthening its growth strategy in Canada.
DLA Piper advises Grupo Cox on a transaction involving Iberdrola Mexico assets at $4.2 billion
DLA Piper assists Grupo Cox in a planned transfer of Iberdrola assets in Mexico, with a reported value of $4.2 billion, mobilising an international legal team.
Enel posts 11% drop in half-year profit despite rising revenue
Italian group Enel reports net profit of €3.4bn for the first half, down from last year, while revenue rises to €40.8bn amid market volatility.
Atlantica acquires Statkraft’s Canadian platform with 236 MW in operation and a 0.81 GW pipeline
Atlantica Sustainable Infrastructure takes over Statkraft’s Canadian platform, including all operational and development-stage wind, solar, and storage assets in Canada.
Engie stabilises its 2025 targets despite price declines and global uncertainty
Energy group Engie confirms its financial outlook for 2025 despite what it describes as an uncertain international context and lower prices that weighed on its results in the first half.
Encavis acquires 199 MW wind and solar portfolio from BayWa r.e. in Spain
Encavis AG announces the acquisition of a 199 MW portfolio consisting of three wind farms and two photovoltaic plants in Aragon, marking a key step in the group's technological diversification in Spain.
TC Energy raises annual outlook after strong second quarter 2025
TC Energy reports higher financial results in the second quarter of 2025, boosts investments and anticipates a rise in annual EBITDA driven by growing natural gas demand in North America.
Consent Preferences