TOKYO, May 14 (Pulse News Wire) – Nexon CO.,LTD. (3659.T) announced today that its board of directors has approved a share repurchase program based on Article 165, Paragraph 2 of the Companies Act.
The decision was made to enhance capital efficiency and ensure flexibility in capital policy. Under the plan, NEXON intends to repurchase up to 14 million shares shares of its common stock, representing 1.8% of the outstanding shares excluding treasury shares. The total cost of the repurchase is capped at 300 million yen.
The repurchase will take place through open-market purchases on the Tokyo Stock Exchange from May 15, 2026, until July 31, 2026. As of July 31, 2026, NEXON held no treasury shares. The company currently has 792,881,641 outstanding shares excluding treasury shares.
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