5. Scheduled period of share buyback for retirement
Start date
-
End date
-
6. Acquisition method of shares to be retired
Treasury stock held
7. Scheduled retirement date
2022-08-17
8. Securities firms entrusted with share buyback
-
9. Date of board resolution (decision date)
2022-08-08
- Attendance of outside directors
Present (No.)
2
Absent (No.)
1
- Attendance of auditors (members of Audit Committee who are not outside directors)
-
10. Subject to reporting to the Fair Trade Commission?
Yes
11. Other matters to be factored into investment decisions
1. The stock retirement above is made in accordance with the proviso of Article 343 Paragraph 1 of the Commercial Act.
2. This stock retirement does not reduce the capital stock since the treasury stocks acquired within the scope of the Company's dividends are retired according to the board resolution.
3. The '4. Estimated amount of retirement (KRW)' above is based on the book value of the treasury stocks subject to retirement as of the date of board resolution.
4. The'7. Scheduled retirement date' above may change depending on the agreement between the contracting parties.
5. This disclosure substitutes for the disclosure related to the disposal of treasury share disposal.
※Related disclosure
-
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NHN Corporation published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 03:25:06 UTC.
NHN Corp, formerly NHN Entertainment Corp, is a Korea-based company principally engaged in the development and distribution of games. Through the operation of online game portal www.hangame.com, the Company develops and provides massive multiplayer online role playing games (MMORPGs), Web boards, sports, and casual games. It also provides mobile games, including Line Disney Tsum Tsum, Line Pop 2, Youkai Watch Puni Puni, Crusaders Quest, Friends Pop and others. Additionally, the Company provides convenience payment services and webtoon services through developed applications, Payco and Comico.