SEHK:2602Real Estate
Assessing Onewo (SEHK:2602)’s Valuation After Launching a 10% H-Share Buyback Program
Onewo (SEHK:2602) just put a clear marker down by kicking off a buyback of up to 10% of its H shares, signaling confidence in its long term outlook and capital discipline.
See our latest analysis for Onewo.
The buyback news lands after a choppy stretch, with a 30 day share price return of minus 11.07% and a three year total shareholder return of minus 55.31%. Management is clearly trying to reset sentiment and rebuild momentum.
If this kind of opportunistic capital return has you thinking...