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International Petroleum buys back 98,900 shares under its 2025 programme

International Petroleum Corporation repurchased 98,900 common shares between August 4 and 8, 2025, as part of its ongoing share buyback programme.

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International Petroleum Corporation (IPC) announced it had repurchased a total of 98,900 common shares during the period from August 4 to 8, 2025, under its ongoing share buyback programme, implemented in compliance with Canadian, Swedish and European regulations.

Market transaction details
During this period, 55,000 shares were acquired on the Nasdaq Stockholm through Pareto Securities AB acting on behalf of IPC. The transactions were executed in accordance with the European Union Market Abuse Regulation (MAR) and the so-called “Safe Harbour” Regulation (EU Delegated Regulation 2016/1052).

The remaining 43,900 shares were repurchased on the Toronto Stock Exchange (TSX) by ATB Securities Inc., also acting on behalf of IPC. According to the company, all repurchased shares will be cancelled, thus reducing the total number of shares outstanding.

Buyback programme progress
As of August 8, 2025, the total number of common shares outstanding with voting rights stood at 113,278,532, of which 98,900 shares are held in treasury. Since the launch of the programme on December 5, 2024, IPC has repurchased 6,491,251 shares out of a maximum authorised 7,465,356 shares for the twelve-month period.

IPC stated that the programme could end before the planned date of December 4, 2025, if the buyback target is met or if the board of directors decides to terminate it earlier.

Company market position
Headquartered in Canada, International Petroleum Corporation is engaged in oil and gas exploration and production, with a portfolio of assets located in Canada, Malaysia and France. A member of the Lundin Group of Companies, IPC is listed on both the TSX and the Nasdaq Stockholm under the symbol “IPCO”.

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