IP Strategy announces share repurchase program of up to 1M shares

IP Strategy (IPST) Holdings announced the board of directors has authorized a share repurchase program whereby the Company may buy back up to 1 million shares of its outstanding shares of common stock through December 31, 2026. As of February 18, 2026, IP Strategy had 10,259,226 shares of its common stock outstanding. Assuming the full execution of buying back 1 million shares, this would constitute a nearly 10% reduction in the number of outstanding shares of the Company. The Company may acquire shares through open market purchases or privately negotiated transactions, including through a Rule 10b5-1 plan, at the discretion of management and on terms that management determines to be advisable.