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OBOOK Holdings Inc. (OWLS) Announces Commencement of $10 Million Share Repurchase Program
ARLINGTON, Va., Dec. 31, 2025 (GLOBE NEWSWIRE) -- OBOOK Holdings Inc. (NASDAQ: OWLS) (the “Company” or “OwlTing”), a blockchain technology company operating
About this update from Obook Holdings Inc.
[{"type":"text","content":"ARLINGTON, Va., Dec. 31, 2025 (GLOBE NEWSWIRE) -- OBOOK Holdings Inc. (NASDAQ: OWLS) (the “Company” or “OwlTing”), a blockchain technology company operating as the OwlTing Group, today announced that it has formally entered the execution phase of its previously authorized share repurchase program of up to $10 million, following completion of the necessary preparations under its capital allocation framework. Under the program, the Company may repurchase shares of its Class A common stock from time to time, subject to market conditions and in accordance with the authorization approved by its Board of Directors. This repurchase program builds upon the Company’s capital allocation strategy announced on November 26, 2025, and reflects management’s continued focus on optimizing the Company’s capital structure, enhancing long-term shareholder value, and maintaining disciplined financial stewardship. To ensure compliance with applicable securities laws and maintain the transparency and execution discipline, repurchases are expected to be conducted in accordance with the safe harbor provisions of Rule 10b-18 under the Securities Exchange Act of 1934, as amended. Transactions may occur during legally permitted open trading windows and will take into consideration prevailing market prices, trading volumes, and overall liquidity conditions. In addition, the Company intends, subject to applicable legal and regulatory requirements, to implement a Rule 10b5-1 trading plan. If adopted, such plan would provide for repurchases to be executed pursuant to pre-established parameters, enhancing the consistency and predictability of the repurchase process while permitting transactions during periods when the Company may otherwise be restricted, in accordance with applicable law. Details regarding the timing and implementation of any such plan will be announced following completion of the relevant procedures. “Entering the execution phase of our share repurchase program at the close of 2025 reflects our strong conviction in the Company’s fundamentals and long-term strategic direction,” said Darren Wang, Founder and CEO at OwlTing Group. “As our card payment and stablecoin settlement infrastructure continues to advance, we remain focused on balancing robust growth with capital efficiency to create durable long-term value for our shareholders.” “While ma...