Nexon completes first phase of share buyback program, acquires 1.6m shares

Nexon Co., Ltd. (TSE:3659) completed a share buyback from November 12, 2025, to November 30, 2025, acquiring 1,654,300 ordinary shares at a total cost of JPY 6,045,852,900. These shares were purchased through market transactions on the Tokyo Stock Exchange.

This repurchase forms part of a larger program approved by the board of directors on November 11, 2025. The ongoing program authorizes the acquisition of up to 10,000,000 ordinary shares, representing 1.3% of outstanding shares (excluding treasury shares), with a maximum expenditure of JPY 25 billion. The total acquisition period for this program extends from November 12, 2025, to January 26, 2026.

As of November 30, 2025, the aggregate amount of shares repurchased under this board resolution totals 1,654,300 shares, at a cumulative cost of JPY 6,045,852,900. The company will continue to acquire shares within the parameters of the announced buyback program.