Tranche Update on Wave Electronics Co., Ltd.'s Equity Buyback Plan announced on September 12, 2023.
December 14, 2023 at 12:09 am EST
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From September 12, 2023 to December 12, 2023, the company has repurchased 270,000 shares, representing 1.93% for KRW 913.22 million. With this, the company has completed the repurchase of 270,000 shares, representing 1.93% for KRW 913.22 million under the buyback announced on September 12, 2023.
Wave Electronics Co., Ltd. is a Korea-based company engaged in the manufacture of wireless and wired communication equipment. The Companyâs products consist of amplifiers for base stations, such as digital predistortion amplifiers, analog amplifiers and radio frequency (RF) transceiver units; repeater amplifiers, including code division multiple access (CDMA) products, wideband CDMA (WCDAM) products, worldwide interoperability for microwave access (WIMAX) products and digital multimedia broadcasting (DMB) products, and radio frequency (RF) transceiver units, such as radio remote head (RRH) products, which are used for WIAX, CDMA, WCDMA and long term evolution (LTE). On June 12, 2013, the Company merged with its wholly owned subsidiary, engaged in the research and production of repeater parts.