StreetInsider.com News Articles

MBAK Energy Solutions, Inc. (OTC:MBAK) Opens Indian Subsidiary to streamline BESS integration

Thu, 05 Mar 2026 08:00:00 -0400

SEOUL, South Korea and SHENZHEN, China and CHENNAI, India and WILMINGTON, N.C., March 05, 2026 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) management has incorporated a subsidiary, MBAK India Private Ltd. to streamline operations. The new organization will manage BESS integration for MBAK’s ongoing $65 million order fulfillment as well as future BESS installations and other product and service introductions into the Indian market.

Per Chairman Boos, “Local incorporation is vital to insuring that MBAK products and services are able to move smoothly from our manufacturing facilities thru the Indian government’s extensive regulatory and quality control

MBAK Energy Solutions, Inc. (OTC:MBAK) Opens Indian Subsidiary to streamline BESS integration

Thu, 05 Mar 2026 08:00:00 -0400

MBAK Energy Solutions, Inc. (OTC:MBAK) Opens Indian Subsidiary to streamline BESS integration

Thu, 05 Mar 2026 08:00:00 -0400

MBAK Energy Solutions, Inc. (OTC:MBAK) Opens Indian Subsidiary to streamline BESS integration

Thu, 05 Mar 2026 08:00:00 -0400

MBAK Energy Solutions authorizes $500,000 stock repurchase program

Tue, 03 Feb 2026 09:23:59 -0400

MBAK Energy Solutions, Inc. (OTC: MBAK) announced its board of directors authorized the repurchase of up to $500,000 of the company's common stock in compliance with SEC Rule 10b-18.

The repurchase will be funded through existing cash reserves and payments from recent order fulfillment, according to the company's press release. MBAK expects to begin buying back stock immediately and continue periodically throughout 2026 until reaching the target amount.

"Our current valuation does not reflect the aggressive growth we are seeing in our 2026 guidance," said CEO Dietmar Schweizer. "This $500,000 buyback demonstrates commitment to shareholder value."

The company reported completing operational milestones including

MBAK Energy Solutions authorizes $500,000 stock repurchase program

Tue, 03 Feb 2026 09:23:59 -0400

MBAK Energy Solutions, Inc. (OTC: MBAK) announced its board of directors authorized the repurchase of up to $500,000 of the company's common stock in compliance with SEC Rule 10b-18.

"Our current valuation does not reflect the aggressive growth we are seeing in our 2026 guidance," said CEO Dietmar Schweizer. "This $500,000 buyback demonstrates commitment to shareholder value."

The company reported completing operational milestones including

MBAK Energy Solutions, Inc. (OTC:MBAK) Announces $500,000 Share Repurchase Plan

Tue, 03 Feb 2026 09:23:00 -0400

SEOUL, South Korea and SHENZHEN, China and WILMINGTON N.C., Feb. 03, 2026 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) Board of Directors has authorized the repurchase of up to $500,000 of the Company’s common stock in compliance with SEC Rule 10b-18. The repurchase will be funded through existing cash reserves and payments generated from recent order fulfillment. The company expects to begin buying back stock immediately and will continue periodically throughout Calendar Year 2026 until the target is met.

Per CEO Dietmar Schweizer, “Our current valuation does not reflect the aggressive growth we are seeing in

MBAK Energy Solutions, Inc. (OTC:MBAK) Announces $500,000 Share Repurchase Plan

Tue, 03 Feb 2026 09:23:00 -0400

Per CEO Dietmar Schweizer, “Our current valuation does not reflect the aggressive growth we are seeing in

MBAK Energy Solutions, Inc. (OTC:MBAK) Announces $500,000 Share Repurchase Plan

Tue, 03 Feb 2026 09:23:00 -0400

Per CEO Dietmar Schweizer, “Our current valuation does not reflect the aggressive growth we are seeing in

MBAK Energy Solutions, Inc. (OTC:MBAK) Announces $500,000 Share Repurchase Plan

Tue, 03 Feb 2026 09:23:00 -0400

Per CEO Dietmar Schweizer, “Our current valuation does not reflect the aggressive growth we are seeing in

MBAK Energy Solutions, Inc. (OTC:MBAK) announces new Chief Strategist/Business Development Officer and Business Development Manager for Middle East - North Africa