Imperial Petroleum Stock Climbs on $10M Share Repurchase Program

Dow Jones
Feb 10
 

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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