AGM/EGMMay 28, 2026, 04:17 PM
Eco Wave Power to hold AGM; proposes share issuance, buyback
AI Summary
Eco Wave Power Global AB (publ) announced its Annual General Meeting (AGM) to be held on June 30, 2026. Key proposals include authorizing the board to increase share capital through new issues, potentially with deviation from preferential rights, to facilitate acquisitions or broaden the shareholder base. Additionally, the board seeks authorization to repurchase up to 10% of the Company's own shares. The board also proposed that no dividend be paid for the financial year 2025.
Key Highlights
- Annual General Meeting (AGM) of Eco Wave Power Global AB (publ) scheduled for June 30, 2026, in Stockholm.
- Board proposes authorization to increase share capital through new issues of shares, warrants, and/or convertible debentures.
- Authorization allows for deviation from shareholders' preferential rights for acquisitions or broadening the shareholder base.
- Board proposes authorization to repurchase and transfer up to 10% of the Company's own shares.
- No dividend is proposed for the financial year 2025, with results to be carried forward.
- Shareholders will review and adopt the 2025 annual report and financial statements.
Price Impact
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