International Petroleum Repurchased And Cancelled 1.1M Shares In First 9 Months, Spending $27M In Q3
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Why It Matters
International Petroleum bought back and removed 1.1 million of its own shares. This uses cash but can mean the company believes its stock is fairly priced right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.