iPower Authorizes $2 Million Share Repurchase Program, First in Company History
iPower (Nasdaq: IPW) announced that its Board authorized a first-ever share repurchase program of up to $2,000,000 on Feb. 10, 2026, with unified support from all creditors.
Rhea-AI Summary
iPower (Nasdaq: IPW) announced that its Board authorized a first-ever share repurchase program of up to $2,000,000 on Feb. 10, 2026, with unified support from all creditors.
The company said the program, expected to be implemented in the near future, reflects stronger capital structure, recent cost-structure improvements, and greater flexibility in capital allocation while continuing to fund operating priorities and strategic initiatives.
Positive
- $2,000,000 share repurchase authorized
- Unified creditor support for the buyback authorization
- Board authorization signals strengthened balance sheet and capital alignment
- Repurchase adds capital allocation flexibility while preserving operating priorities
Negative
- Implementation is subject to market conditions and regulations, creating timing uncertainty
- $2,000,000 size may be modest relative to future capital needs
Details
News Market Reaction – IPW
In the Feb 10 session, IPW gained 3.29%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Share repurchase size
- $2,000,000
- Authorized share repurchase program
- Restructuring consideration
- $2.3 million
- Consideration from sale of Global Product Marketing Inc.
- Convertible note shares
- 5,221,451 shares
- Common stock issuable upon Series A note conversion
- Series A notes principal
- $28,184,024
- Aggregate principal of Series A senior secured convertible notes
- Conversion price
- $17.70
- Initial conversion price of Series A notes per share
- Authorized share capital
- 1,000,000,000 shares
- Authorized capital after approval in DEF 14C
- Equity plan pool
- 49,747,078 shares
- Shares under 2020 Equity Incentive Plan
- Quarterly revenue
- $12,017,467
- Revenue for quarter ended Sep 30, 2025
Historical Context
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Sold subsidiary, eliminated cost center and received about $2.3M consideration.
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SuperSuite progress with new brand onboarding and logistics cost reductions.
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Update on Digital Asset Treasury execution and initial BTC/ETH purchases.
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Highlighted role as U.S. channel partner at Zyla by Ant International event.
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Completed initial Digital Asset Treasury BTC and ETH purchases.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
AI-generated analysis. How Rhea-AI works. Not financial advice.
RANCHO CUCAMONGA, Calif., Feb. 10, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”) today announced that its Board of Directors has approved a share repurchase program for the first time in the Company’s history, with unified support from all of the Company’s creditors.
The share repurchase program reflects alignment across iPower’s capital structure and confidence in the Company’s financial position and strategic direction. The Company expects to implement the up to
“This is a meaningful milestone for iPower,” said Lawrence Tan, Chief Executive Officer of iPower. “Authorizing our first-ever share repurchase program — with the unified support of all creditors — underscores the progress we have made in strengthening our balance sheet and helps position the Company for disciplined, long-term value creation.”
iPower noted that the combination of new capital, recent cost-structure improvements, and Board authorization of a share repurchase program provides the Company with greater flexibility in capital allocation, while continuing to support its operating priorities and previously announced strategic initiatives.
About iPower Inc.
iPower Inc. (Nasdaq: IPW) is a technology- and data-driven supply chain and infrastructure provider for online retailers and brands, operating at the intersection of digital assets and real-world commerce. The Company delivers procurement, fulfillment, logistics, and software-enabled services, and is executing a broader crypto strategy through licensed partners and compliant infrastructure. For more information, please visit www.meetipower.com.
Forward-Looking Statements
All statements other than statements of historical fact in this press release are forward-looking statements, including statements regarding the share repurchase program, the anticipated benefits of the financing, the implementation of iPower’s digital asset strategy, and iPower’s future business plans. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that iPower believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. iPower undertakes no obligation to update forward-looking statements except as may be required by law. Actual results may differ materially from those anticipated. Investors are encouraged to review iPower’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other SEC filings.
Media & Investor Contact
IPW.IR@meetipower.com
FAQ
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