WESTELL TECHNOLOGIES, INC. (NASDAQ:WSTL) Files An 8-K Other Events
Item 8.01
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OTHER EVENTS
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a press release announcing that the Companys Board of Directors
approved a new share repurchase program of up to $2 million of
its Class A common stock. A copy of the press release is attached
hereto as Exhibit 99.1 and incorporated herein by reference.
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Item 9.01
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FINANCIAL STATEMENTS AND EXHIBITS
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99.1
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Press release announcing authorization of new share
repurchase program. |
About WESTELL TECHNOLOGIES, INC. (NASDAQ:WSTL)
Westell Technologies, Inc. is a provider of in-building wireless, intelligent site management, cell site optimization and outside plant solutions. The Company’s set of products and solutions are designed to manage network performance for carriers, integrators and other network operators. The Company operates in two segments: In-Building Wireless (IBW) and Communication Solutions Group (CSG). The Company’s segments are engaged in the design, development, assembly, and marketing of a range of products and solutions. The IBW segment solutions include distributed antenna systems (DAS) conditioners, digital repeaters and bi-directional amplifiers (BDAs), and system components and antennas, all used by wireless service providers and third-party hosts to fine tune radio frequency (RF) signals. The Company’s intelligent site management solutions include a suite of remote monitoring and control devices. WESTELL TECHNOLOGIES, INC. (NASDAQ:WSTL) Recent Trading Information
WESTELL TECHNOLOGIES, INC. (NASDAQ:WSTL) closed its last trading session up +0.022 at 0.643 with 44,786 shares trading hands.
