International Petroleum Corp. (IPC) announced its repurchase of 263,500 common shares under normal course issuer bid (NCIB) in an Oct. 9 press release.

From Oct. 2-6, IPC repurchased 121,000 common shares on the NASDAQ Stockholm, which were finalized by Pareto Securities. A total of 142,500 common shares were repurchased on the Toronto Stock Exchange and were finalized by ATB Capital Markets.

IPC states that all common shares repurchased by the company under the normal course issuer bid and share repurchase program as late as Oct. 6 will be canceled.