IPower (IPWR) Approves $2M Share Repurchase Program

The IPower (IPWR) Board of Directors approved a share repurchase program with a total value of up to $2 million. The program, effective February 10, 2026, authorizes the company to repurchase shares in the open market over a 12-month period. The initiative follows the company's recent earnings report, which showed net revenue of $14.8 million for the fourth quarter, a 12% increase year-over-year. The repurchase is expected to be funded through cash on hand and will be subject to market conditions and liquidity availability.