BuybackMay 26, 2026, 09:21 AM
iPower Implements Trading Plan for $2.0M Share Buyback Program
AI Summary
iPower Inc. announced the execution of documents to implement a trading plan for its previously authorized share repurchase program. The company expects the trading plan to become active soon, following the completion of broker execution and regulatory requirements. iPower plans to fund the first tranche of the repurchase account this week, as part of the program authorizing repurchases of up to $2.0 million of its common stock.
Key Highlights
- iPower executed documents to implement a trading plan for its share repurchase program.
- The share repurchase program is authorized for up to $2.0 million of common stock.
- The company expects the trading plan to become active following broker execution and regulatory requirements.
- iPower anticipates funding the first tranche of the repurchase account this week.
- The timing and amount of repurchases will depend on market conditions and business considerations.
Price Impact
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