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Imperial Petroleum (IMPP) authorizes $10 million share repurchase program
Imperial Petroleum Inc. (NASDAQ: IMPP) has announced that its Board of Directors has approved a share repurchase program, allowing the company to buy back up to $10 million of its common shares. The repurchase program aims to enhance shareholder value and will be executed periodically through open market transactions or privately negotiated deals, subject to market conditions and regulatory considerations.