Tranche Update on Wave Electronics Co., Ltd.'s Equity Buyback Plan announced on June 16, 2023.
September 06, 2023 at 08:30 pm
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From June 16, 2023 to June 30, 2023, the company has repurchased 47,691 shares, representing 0.32% for KRW 343.82 million. With this, the company has completed the repurchase of 47,691 shares, representing 0.32% for KRW 343.82 million under the buyback announced on June 16, 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.