Imperial Petroleum (IMPP) announced that its Board of Directors has approved a share repurchase program and authorized the officers of the Company to repurchase, from time to time, up to $10,000,000 of the Company’s common stock. Shares may be purchased in open market or privately negotiated transactions, at times and prices that are considered to be appropriate by the Company, and the program may be suspended or discontinued at any time.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IMPP:
- Imperial Petroleum management estimates NAV of $508.03M at September 30
- Imperial Petroleum to Add Four Vessels in 2026 Fleet Expansion Deal
- Imperial Petroleum Reports Strong Q3 2025 Results Amid Fleet Expansion
- Imperial Petroleum reports Q3 adjusted EPS 32c vs. 32c last year
- Options Volatility and Implied Earnings Moves Today, December 11, 2025