---
schema_version: "secwatch.filing_event.v1"
accession: "0000049938-26-000029"
form_type: "8-K"
ticker: "IMO"
cik: "0000049938"
company_name: "IMPERIAL OIL LTD"
filed_at: "2026-06-23T12:00:59+00:00"
generated_at: "2026-06-23T12:05:25.070919+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Imperial Oil receives TSX approval to repurchase up to 5% of shares over 12 months

## Summary
- NCIB allows repurchase of up to 24,179,635 common shares (5% of 483,592,715 outstanding as of June 15, 2026).
- Program runs from June 29, 2026 to June 28, 2027; daily open-market limit is 211,756 shares (25% of avg volume).
- ExxonMobil, holding ~69.6%, will sell to Imperial under the NCIB to maintain its proportional ownership.
- Prior NCIB (completed Dec 17, 2025) repurchased 25,452,248 shares at total cost of ~$3,180M (avg $124.93).
- Automatic share purchase plan established to allow purchases during blackout periods.

## SEC filing metadata
- accession: 0000049938-26-000029
- form_type: 8-K
- ticker: IMO
- cik: 0000049938
- company_name: IMPERIAL OIL LTD
- filed_at: 2026-06-23T12:00:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49938/000004993826000029/0000049938-26-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49938/000004993826000029/imo-20260623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049938-26-000029
- JSON: https://secwatch.observer/filing/0000049938-26-000029.json
- Plain text: https://secwatch.observer/filing/0000049938-26-000029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.