Energy recovery announces share repurchase program

San leandro, calif.--(business wire)--energy recovery, inc. (nasdaq: erii) today announced that its board of directors approved a share repurchase program to purchase up to $50 million of the company's outstanding common stock over the next 12 months, beginning in november 2024. “with our strategic plan, or playbook, complete we now have a clear picture of the capital required to fund our growth,” said energy recovery's president and ceo david moon. “as such, we are happy to return a large port.
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