International Petroleum Corporation (TSX:IPCO) announces a share repurchase program. Under the program, the company will repurchase up to 8,342,119 shares, representing 6.51% of its outstanding common shares. The shares repurchased will be cancelled.

The bid is subject to the Toronto Stock Exchange approval. The bid will expire on December 4, 2024. As of November 22, 2023, the company had 128,224,820 common shares issued and had no shares in treasury.