Source: Mgame

Mgame (CEO Kwon Yi-hyung) announced on the 14th that it has decided to acquire ₩2 billion worth of its own shares to stabilize its stock price and enhance shareholder value.

The share buyback will take place over three months, from May 15, 2026, to August 14, 2026, through direct open-market purchases on the KOSDAQ. Based on the closing price of the day before the board resolution (₩4865), the company plans to acquire 411100 shares, representing approximately 2.14% of its total outstanding shares. Mgame intends to cancel all acquired shares to effectively increase the value per share.

Mgame explained that this decision is part of its commitment to responsible management in response to internal and external market volatility and to restore shareholder trust. The company plans to continue its shareholder return policies, such as cash dividends, while focusing on defending its corporate value in the market through the buyback.

Mgame has maintained steady growth, achieving record-high annual revenue for four consecutive years, driven by the solid overseas performance of its flagship online games 'Yulgang Online' and 'Knight Online,' as well as the success of its new mobile game 'Ghost Online M.'

In 2026, the company plans to sequentially release an idle mobile game based on its popular IP 'Ghost Online' and a new project that modernizes the 'Wind Forest Fire' IP. Additionally, it plans to pursue at least one mobile game publishing service to diversify its game lineup.

Mgame CEO Kwon Yi-hyung stated, "We decided on this share buyback with the priority of stabilizing our stock price and protecting shareholder interests in light of current market conditions. We will ensure our ongoing projects proceed without setbacks to foster substantial growth and will continue to communicate with our shareholders to enhance corporate trust."