Mgame said on the 26th that Chief Executive Kwon Yi-hyung and Executive Vice President Cho In-han each acquired $50 million worth of treasury shares to strengthen responsible management and boost shareholder value.
According to an Mgame filing, Chief Executive Kwon Yi-hyung bought 12,105 shares on the market, and Executive Vice President Cho In-han bought 11,694 shares. The purchase amount was the same for both at $50 million. Following Executive Vice President Hong Deung-ho and Director Lee Jae-chang, registered executives continue to buy treasury shares. This is seen as reflecting management's commitment to enhancing corporate value and confidence in the company's sustainable growth.
Mgame said it has been steadily pursuing shareholder-friendly policies. Since 2023, it has paid cash dividends every year, and for the settlement of account dividends for the 2025 fiscal year, it paid 222 won per share. In addition, it decided to pay quarterly dividends for the first time since its founding and submitted a disclosure setting the record date for dividends. Specific details, including the dividend size, will be disclosed after a board resolution at a later date.
In addition, this year Mgame bought 2 billion won worth of treasury shares, and all of the purchased shares will be canceled to enhance shareholder value.