One World Universe, Inc. Updates Shareholders on Stock Repurchase Program
One World Universe (OTC: OWUV) has announced a plan to buy back around 5 million shares to ease shareholder dilution concerns. CFO Caren Currier stated that the shares will be deposited back into the treasury and potentially used as leverage for future acquisitions. The company is also looking to enter the Metaverse space and plans to announce two additional acquisitions by year-end. Management has engaged with various stakeholders, including entrepreneurs and large shareholders, to explore business opportunities aimed at enhancing shareholder value.
- Buyback plan of approximately 5 million shares to reduce dilution concerns.
- Engagement with entrepreneurs and large shareholders to explore new business opportunities.
- Plans to enter the Metaverse, indicating potential for future growth.
- None.
HUNTINGTON BEACH, CA, Nov. 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries and providing humanitarian efforts in over 185 countries, would like to update the investment community on an announcement first mentioned last week on the company's twitter account regarding shares being bought back by its CFO Caren Currier.
“Both Jerry and I are looking to buy back around 5 million shares sporadically over the remainder of the year. Our goals are to deposit these shares back into the treasury to ease the dilution concerns of our shareholders and potentially use these shares as leverage in negotiating with our acquisition targets,” stated Caren Currier, CFO of One World Universe.
One World Universe recently announced it plans to enter the Metaverse space along with 2 additional acquisitions, all announced by year end, with its first announced by the end of November. Over the last quarter, management has positioned themselves to expand upon their holdings to add value to both the company and its shareholders. The team has had multiple meetings with entrepreneurs, celebrities, and large shareholders to discuss a wide array of business opportunities.
For additional updates and information, shareholders are asked to follow our social media accounts on twitter at www.twitter.com/JCHC_UPWT and www.twitter.com/OneWorldU or visit our websites at www.oneworlduniverseinc.com and www.JCHoldingCorp.com.
About One World Universe, Inc.
One World Universe (OTC: OWUV) is a California corporation whose mission driven business is implementing global humanitarian efforts through the profits generated from the sales of products and services to improve people's lives living in the harshest environments and their communities. Our company has contributed valuable resources such as access to (PPE) personal protective equipment, medications, vaccines, and educational support programs where play and basic necessities are essential.
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Investor Relations Contact
Dana Salzarulo
Director Investor Relations
Info@jcholdingcorp.com
1-833-333-5242 Office
FAQ
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