By Kelly Cloonan
Shares of Imperial Petroleum rose after the shipping company authorized a $10 million share-repurchase program.
The stock climbed 12%, to $3.73, on Monday. Shares have gained 27% in the last 12 months.
The company previously authorized a $10 million share repurchase in 2023.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
February 09, 2026 12:30 ET (17:30 GMT)
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