Energy Recovery (ERII) Announces New Share Repurchase Program

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Go back to Energy Recovery (ERII) Announces New Share Repurchase Program

Energy Recovery Announces New Share Repurchase Program

February 26, 2025 4:06 PM EST

New $30 million program follows Q4 2024 completion of share repurchase announced in November 2024 Board authorization underscores balance sheet strength and free cash flow generation as company executes growth strategy Continued cost management and margin improvement initiatives driving confidence in long-term strategic operating plan

SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (Nasdaq: ERII) today announced its Board of Directors approved a share repurchase program to purchase up to $30 million of the companys outstanding common stock over the next 12 months, beginning in February... More