Source: T3 Entertainment

T3 Entertainment (hereinafter 'T3') announced on the 25th that it has decided to repurchase ₩4 billion worth of its own shares. According to the Financial Supervisory Service's Data Analysis, Retrieval and Transfer System (DART), T3 plans to acquire 1.74 million common shares directly on the KOSDAQ market between June 26 and September 23.

This share buyback is part of a capital allocation policy aimed at enhancing shareholder value. The acquired shares will be used for cancellation and as a reward for some employees.

T3 stated that it continues to generate stable profits, having recently achieved its highest-ever performance in the first quarter. The company added that it is continuously expanding its shareholder return policy, which includes dividends and share buybacks/cancellations, based on these results.

Notably, the company introduced a quarterly dividend system this year, paying a cash dividend of ₩40 per common share in the first quarter. The dividend was processed as a capital reduction dividend funded by capital surplus, taking into account the after-tax returns for individual shareholders.

The company stated that it is pursuing a capital allocation strategy that balances growth investment with shareholder returns, supported by stable cash flow. Its policy is to strengthen growth momentum through new business expansion while sharing the fruits of that growth with shareholders through dividends and share buybacks/cancellations.

Hong Min-kyun, CEO of T3, said, "We are continuously pursuing share buybacks, cancellations, and dividend policies to ensure that the company's growth leads to increased shareholder value. We will continue to enhance both corporate and shareholder value based on our stable business foundation and the results of our new business ventures."