Nexon reports share buyback program status

Nexon Co., Ltd. (TSE:3659) announced the status of its share buyback program, implemented under Article 156 and Article 165(3) of the Companies Act of Japan. From March 1, 2025, to March 31, 2025, Nexon acquired 6,028,000 ordinary shares at a total cost of JPY 12,233,216,697 through market purchases on the Tokyo Stock Exchange. This buyback is part of a larger initiative authorized by the Board of Directors on February 13, 2025, which approved the repurchase of up to 32,000,000 shares (3.9% of outstanding shares excluding treasury shares) at a maximum cost of JPY 50 billion between February 14, 2025, and June 30, 2025. As of March 31, 2025, Nexon has repurchased a total of 9,061,300 shares for JPY 18,473,518,096 since the board resolution.