ATHENS, Greece — February 9, 2026 — Leads & Copy — Imperial Petroleum Inc. (Nasdaq: IMPP) has announced that its Board of Directors has approved a share repurchase program, authorizing the company’s officers to repurchase up to $10,000,000 of its common stock.
The share repurchase program allows for shares to be purchased in open market or privately negotiated transactions, at times and prices considered appropriate by the Company. The program may be suspended or discontinued at any time.
IMPERIAL PETROLEUM INC. is a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services. The Company owns twenty vessels, including seven M.R. product tankers, two suezmax tankers, three handysize drybulk carriers, five supramax drybulk carriers, two kamsarmax drybulk vessels and a post panamax drybulk carrier, with a total capacity of approximately 1,291,000 deadweight tons (dwt). The company has also contracted to acquire an additional five handysize drybulk carriers and a product tanker of 223,700 dwt aggregate capacity.
Following these deliveries, the Company’s fleet will count a total of 26 vessels with an aggregate capacity of about 1.5 million dwt. IMPERIAL PETROLEUM INC.’s shares of common stock and 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock are listed on the Nasdaq Capital Market and trade under the symbols “IMPP” and “IMPPP,” respectively.
Source: Imperial Petroleum Inc.
