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flag IPC gets approval to buy back up to 6.2% of its shares over the next year.

flag International Petroleum Corporation (IPC) received approval from the Toronto Stock Exchange to renew its normal course issuer bid, allowing the company to buy back up to 7,465,356 of its common shares over the next 12 months. flag This represents about 6.2% of the company's outstanding shares. flag The buyback can be executed on the TSX and Nasdaq Stockholm, with daily limits set to ensure market stability.

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