[Edaily Reporter An Yu-ri ] Mgame Corp.(058630)announced on the 26th that CEO Kwon Yi-hyung and Executive Vice President Jo In-han each purchased 50 million won worth of company stock to strengthen responsible management and enhance shareholder value.

According to the regulatory filing, CEO Kwon Yi-hyung purchased 12,105 shares and Executive Vice President Jo In-han purchased 11,694 shares on the open market. The purchase amount was 50 million won for each executive.

Following earlier purchases by Executive Vice President Hong Deung-ho and Director Lee Jae-chang, other members of Mgame Corp.’s management are now joining the trend of buying company stock.

The company emphasized that this decision reflects management’s commitment to enhancing corporate value and their confidence in the company’s sustainable growth potential.

Mgame Corp. has paid cash dividends annually since 2023 and distributed 222 won per share as part of the final dividend for the 2025 fiscal year. In addition, the company decided to implement quarterly dividends for the first time since its founding and filed a disclosure setting the record date. Specific details, such as the exact dividend amount, will be announced following a board resolution.

Furthermore, Mgame Corp. repurchased 2 billion won worth of its own shares this year and plans to cancel all of them to enhance shareholder value.

Furthermore, during the third quarter of this year, the company plans to diversify its lineup by launching pre-registration for “Raising Ghosts,” an idle mobile game based on the popular IP “Ghost,” reopening a PC MMORPG based on the legacy IP “Wind, Forest, Fire, Mountain,” and introducing one new mobile publishing title.