Core Viewpoint - OBOOK Holdings Inc. has entered the execution phase of a share repurchase program of up to $10 million, reflecting confidence in the company's fundamentals and long-term strategy [1][5]. Group 1: Share Repurchase Program - The company may repurchase shares of its Class A common stock based on market conditions and Board of Directors' authorization [2]. - The repurchase program is part of the company's capital allocation strategy announced on November 26, 2025, aimed at optimizing capital structure and enhancing long-term shareholder value [2]. - Repurchases will comply with securities laws and will be conducted under the safe harbor provisions of Rule 10b-18 [3]. Group 2: Trading Plan and Execution - The company plans to implement a Rule 10b5-1 trading plan to enhance the consistency and predictability of the repurchase process [4]. - The timing and details of the trading plan will be announced after completing relevant procedures [4]. Group 3: Management Statements - The CEO emphasized the company's strong fundamentals and commitment to balancing growth with capital efficiency [5]. - The CFO noted that the repurchase program demonstrates the company's ability to invest in future growth while optimizing capital structure [5]. Group 4: Company Overview - OBOOK Holdings Inc. operates as the OwlTing Group, focusing on blockchain technology with a diversified ecosystem across payments, hospitality, and e-commerce [6]. - The company is headquartered in Taiwan and has subsidiaries in multiple countries, ranking among the top 2 global players in the "Enterprise & B2B" category according to CB Insights [6].
OBOOK Holdings Inc. (OWLS) Announces Commencement of $10 Million Share Repurchase Program