Eco wave power's share repurchase program is approved by the company's shareholders at the 2023 annual general meeting

Stockholm , july 6, 2023 /prnewswire/ -- eco wave power global ab (publ) (nasdaq: wave) ("eco wave power" or the "company"), a leading, publicly traded onshore wave energy company, is pleased to announce that its intention to set up a share repurchase program to repurchase american depositary shares corresponding to up to 10 percent of the total number of shares in the company, which is the maximum amount permitted by the swedish law, was approved by eco wave power's shareholders at the 2023 annual general meeting (the "agm"). the agm resolved on an authorization for the board of directors to resolve on purchases of the company's own shares in accordance with the following main terms: share repurchases may be made only on the nasdaq capital market or any other regulated market.
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