Tranche Update on Wave Electronics Co., Ltd.'s Equity Buyback Plan announced on April 3, 2023.
June 01, 2023 at 07:55 am IST
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From April 3, 2023 to May 30, 2023, the company has repurchased 800,000 shares, representing 5.42% for KRW 4,457.85 million. With this, the company has completed the repurchase of 800,000 shares, representing 5.42% for KRW 4,457.85 million under the buyback announced on April 3, 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. 
