Nexon Launches Up to JPY 30 Billion Share Buyback to Boost Capital Efficiency

Tip Ranks
2026.05.14 07:37
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Nexon Co. has announced a share buyback program of up to JPY 30 billion to enhance capital efficiency and flexibility. The company plans to repurchase approximately 14 million shares, about 1.8% of its outstanding stock, between May 15 and July 31, 2026. This move reflects confidence in its balance sheet and aims to support earnings per share and shareholder returns. Currently, Nexon has no treasury shares and a market cap of JPY 1984.6 billion, with the latest analyst rating being a Hold at a price target of JPY 2800.00.