International Petroleum Corporation Announces Share Update

Author: Evelyn Baker Updated: 06-30-2025 11:32 AM

International Petroleum Corporation Reports Share Capital Update

International Petroleum Corporation (IPC) has recently provided an important update regarding its share capital. This information is necessary for stakeholders and reflects IPC's commitment to transparency in accordance with the Swedish Financial Instruments Trading Act.

Latest Share Cancellation Information

As of the latest report, International Petroleum Corporation has cancelled 288,027 common shares that were repurchased under its normal course issuer bid and share repurchase program. Post this adjustment, the total number of issued and outstanding common shares stands at 113,354,532. Notably, IPC holds no common shares in treasury, optimizing its share structure.

Understanding IPC's Assets and Market Position

International Petroleum Corporation operates within the international oil and gas sector, boasting a portfolio of high-quality exploration and production assets. These are strategically located in Canada, Malaysia, and France, which provides IPC with a solid foundation for both organic growth and potential acquisitions. Being part of the esteemed Lundin Group of Companies further enhances IPC's market standing and operational effectiveness.

Commitment to Growth

IPC's ongoing efforts focus on maximizing value for shareholders through effective management of its resources and strategic growth initiatives. With strong asset bases across diverse geographies, IPC is well-positioned to tap into market opportunities, adapting to the changing dynamics of the global energy sector.

Investor Relations Contact Information

Investors and parties interested in further details can reach out to IPC’s senior management. For inquiries, Rebecca Gordon, the SVP of Corporate Planning and Investor Relations, can be contacted at the number provided: Tel: +41 22 595 10 50. Additionally, Robert Eriksson, the Media Manager, is available for media inquiries at Tel: +46 701 11 26 15.

Transparency and Compliance

This announcement reaffirms IPC's dedication to adhering to regulatory requirements and maintaining an open line of communication with its shareholders. By ensuring that pertinent information is shared publicly, IPC builds trust with investors, crucial for long-term success in the competitive energy market.

Frequently Asked Questions

What recent share capital changes have been announced by IPC?

IPC has cancelled 288,027 common shares, resulting in 113,354,532 common shares remaining outstanding.

What does IPC specialize in?

IPC specializes in oil and gas exploration and production, with assets located in Canada, Malaysia, and France.

How can investors contact IPC for more information?

Investors can reach Rebecca Gordon for corporate inquiries or Robert Eriksson for media-related questions using the provided contact information.

What is IPC's growth strategy?

IPC seeks to achieve organic and inorganic growth through effective management of its high-quality asset portfolio.

Where are IPC's shares listed?

IPC's shares are traded on the Toronto Stock Exchange (TSX) and under the Nasdaq Stockholm exchange, both using the ticker symbol IPCO.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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