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An announcement from Eco Wave Power Global ( (WAVE) ) is now available.
On July 8, 2025, Eco Wave Power Global announced that its shareholders approved the continued authorization for the repurchase of the company’s American Depositary Shares (ADSs) at the 2025 Annual General Meeting. This renewal allows the company to repurchase up to 10 percent of its total shares over the next year, enhancing financial flexibility and supporting long-term capital strategy. The authorization, valid until the 2026 AGM, is seen as a strategic tool to increase shareholder value and will be managed in partnership with a designated bank. The decision reflects the company’s commitment to optimizing shareholder returns and maintaining a robust financial position.
The most recent analyst rating on (WAVE) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Eco Wave Power Global stock, see the WAVE Stock Forecast page.
Spark’s Take on WAVE Stock
According to Spark, TipRanks’ AI Analyst, WAVE is a Neutral.
The overall stock score reflects significant financial challenges, mitigated by positive technical trends and strategic progress highlighted in the earnings call. The negative valuation significantly impacts the score, indicating caution for potential investors.
To see Spark’s full report on WAVE stock, click here.
More about Eco Wave Power Global
Eco Wave Power Global AB (publ) is a pioneering onshore wave energy company that transforms ocean and sea waves into clean, cost-efficient electricity using its patented technology. The company operates Israel’s first grid-connected wave energy power station and is expanding its global footprint with projects in the Port of Los Angeles, Portugal, Taiwan, and India. It has received recognition from international organizations such as the European Union Regional Development Fund and the United Nations Global Climate Action Award.
Average Trading Volume: 21,873
Technical Sentiment Signal: Buy
Current Market Cap: $40.38M
Find detailed analytics on WAVE stock on TipRanks’ Stock Analysis page.