RWLK - ReWalk announces extension of share repurchase program of up to $5.8M
- ReWalk Robotics ( NASDAQ: RWLK ) said on Thursday it had approved repurchase of ordinary shares, par value NIS 0.25 per share, with such extension to be in the aggregate amount of up to $5.8M.
- The company’s ongoing $8M repurchase program was previously approved by the Board and an Israeli court for a six month period ending on January 20.
- The Board’s approval of the extension repurchase program is intended to facilitate purchases of up to an aggregate of $8M of its Ordinary Shares over the life of the repurchase program.
- ReWalk has filed a motion requesting permission to make purchases for a period of six months following the date of the Israeli court’s authorization.
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ReWalk announces extension of share repurchase program of up to $5.8M