May 24, 2016 / 9:31 PM / a year ago

BRIEF-Energy Recovery to buy up to $10 mln of outstanding stock

May 24 (Reuters) - Energy Recovery Inc

* Payment for shares repurchased under program will be funded using company's cash on hand

* Energy Recovery Inc says approved a share repurchase program that authorizes company to purchase up to $10 million of company's outstanding common stock

* Energy recovery announces share repurchase program Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

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