OBOOK Holdings Inc. (OWLS), or OwlTing, a blockchain company, Wednesday announced that it has been authorized to repurchase up to $10 million of its common stock.
The repurchase program is effective for nine months.
"We believe our stock is materially undervalued relative to our progress and upcoming catalysts. As we enter the most active product release cycle in the Companys history, this buyback program underscores our conviction in the long-term value we are building. OwlTing is approaching a major inflection point across payments, stablecoin infrastructure, and AI-driven settlement automation.", said Darren Wang, Founder and CEO at OwlTing Group.
In pre-market activity, OWLS shares were trading at $7.37, up 3.95% on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.