Stock Track | OBOOK Holdings Soars 5.44% Intraday on $10 Million Share Repurchase Program Announcement

Stock Track

Jan 01

OBOOK Holdings Inc. (NASDAQ: OWLS) saw its stock price surge 5.44% during intraday trading on Wednesday, following the company's announcement of a $10 million share repurchase program.

The repurchase program, which has now entered the execution phase, reflects management's confidence in the company's fundamentals and long-term strategic direction. According to the announcement, the program is part of OBOOK's capital allocation strategy aimed at enhancing shareholder value and optimizing its capital structure.

"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. The company also highlighted its focus on balancing growth with capital efficiency to create long-term value for shareholders.

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(NASDAQ: OWLS) saw its stock price surge 5.44% during intraday trading on Wednesday, following the company's announcement of a $10 million share repurchase program.</p><p>The repurchase program, which has now entered the execution phase, reflects management's confidence in the company's fundamentals and long-term strategic direction. According to the announcement, the program is part of OBOOK's capital allocation strategy aimed at enhancing shareholder value and optimizing its capital structure.</p><p>\"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. 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