Co-CEO Byeong-moo Park purchased additional treasury shares worth 500 million won. This is the second time this year.
NCSOFT announced on the 3rd that Co-CEO Park bought 2,677 common shares in the market on the 1st. The acquisition price was 186,480 won per share, with a total purchase amount of approximately 499 million won.
As a result, the number of shares held by Co-CEO Park increased from the existing 2,088 shares to a total of 4,765 shares. His equity is about 0.02%.
A representative from NCSOFT noted, "The shares worth 500 million won were bought with a commitment to enhancing shareholder value and responsible management."
Previously, when Park was appointed as a co-CEO candidate in January last year, he also purchased 2,088 shares of treasury stock worth 500 million won in the market. Park, who is a former lawyer, officially joined NCSOFT as co-CEO in March last year.