OwlTing Group, a blockchain technology company, has initiated a share repurchase program of up to $10 million to optimize its capital structure and enhance long-term shareholder value. Transactions will be conducted in accordance with applicable laws and regulations, with a focus on maintaining transparency and execution discipline. The company plans to implement a Rule 10b5-1 trading plan to enhance consistency and predictability. The program does not obligate the company to repurchase any specific number of shares, and the Board of Directors retains the right to modify or terminate it at any time. OwlTing Group aims to balance growth and capital efficiency to create long-term value for shareholders.
Read more at GlobeNewswire: OBOOK Holdings Inc. (OWLS) Announces Commencement of $10
