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News  ›  GlobeNewswire Inc.

OBOOK Holdings Inc. (OWLS) Announces Commencement of $10 Million Share Repurchase Program

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Obook Holdings Inc.
OBOOK Holdings Inc. (OWLS) Announces Commencement of $10 Million Share Repurchase Program

OBOOK Holdings Inc. (NASDAQ: OWLS), a blockchain technology company, announced it has entered the execution phase of a $10 million share repurchase program. The company, which operates the OwlTing Group with a focus on card payment and stablecoin settlement infrastructure, is implementing the program to optimize capital structure and enhance shareholder value while maintaining strong operating cash flow for global expansion.

Insights
BACpO   neutral

The announcement indicates a strategic increase in financial instruments without explicit positive or negative implications, representing a neutral market movement


OWLS   positive

The company is demonstrating financial confidence through a $10 million share repurchase program while maintaining strong operating cash flow for growth. Management's statements reflect optimism about fundamentals and strategic direction, with advancement in core infrastructure and enterprise activation initiatives. The ability to balance growth investments with capital optimization suggests solid financial health.