Spruce Power announces $50M share repurchase program; new authorization begins May 15, 2025

SPRUCE POWER HOLDING CORP

Board authorized up to $50M in common stock repurchases through May 15, 2027.
Program begins upon expiry of current program on May 15, 2025.
Prior program repurchased 1,870,827 shares at weighted avg price of ~$4.33 per share.
Repurchases may be executed via open market, private transactions, or trading plans.
Company not obligated to repurchase any specific number of shares; discretion by management.

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