iPower Announces Implementation of $2 Million Share Repurchase Program

iPower Inc. (Nasdaq: IPW) filed a Form 8-K on May 26, 2026, announcing the implementation of its previously authorized $2 million share repurchase program. The company has executed documents to establish a trading plan for the buyback program and expects the plan to become active following completion of broker execution processes and regulatory requirements. iPower plans to fund the first tranche of the repurchase account this week. The share repurchase program, originally authorized by the board of directors, allows the company to repurchase up to $2 million of its common stock. The timing, amount, and manner of repurchases will depend on market conditions, share price, trading volume, legal requirements, and other business considerations. The program does not obligate the company to acquire any specific number of shares and may be modified, suspended, or discontinued at any time.