Tranche Update on Wave Electronics Co., Ltd.'s Equity Buyback Plan announced on June 16, 2023.
September 07, 2023 at 01:30 am
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From July 1, 2023 to September 5, 2023, the company has repurchased 652,309 shares, representing 4.6% for KRW 3,973.42 million. With this, the company has completed the repurchase of 700,000 shares, representing 4.92% for KRW 4,317.24 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.
WAVE ELECTRONICS CO., LTD. 
