Netmarble Corporation is acquiring the remaining 21.5% stake in subsidiary Netmarble Neo to achieve 100% ownership and simplify corporate governance.
02
The transaction involves issuing approximately 1.59 million new Netmarble shares, resulting in a 1.9% equity dilution.
03
To offset dilution, Netmarble will execute a share buyback and cancellation program valued at approximately KRW 82.8 billion.
04
Netmarble is increasing its shareholder return policy for the 2026–2028 period, raising the target payout from 30% to 40% of adjusted net profit.
05
The share exchange ratio was set at 1:0.1160, with the issuance of new shares expected to be listed in August 2026.
06
The valuation of the exchange was validated by independent firms EY Hanyoung and Grant Thornton Daejoo to ensure compliance with the Capital Markets Act.
Insights
01
Netmarble Corporation is acquiring the remaining 21.5% stake in subsidiary Netmarble Neo to achieve 100% ownership and simplify corporate governance.
02
The transaction involves issuing approximately 1.59 million new Netmarble shares, resulting in a 1.9% equity dilution.
03
To offset dilution, Netmarble will execute a share buyback and cancellation program valued at approximately KRW 82.8 billion.
04
Netmarble is increasing its shareholder return policy for the 2026–2028 period, raising the target payout from 30% to 40% of adjusted net profit.
05
The share exchange ratio was set at 1:0.1160, with the issuance of new shares expected to be listed in August 2026.
06
The valuation of the exchange was validated by independent firms EY Hanyoung and Grant Thornton Daejoo to ensure compliance with the Capital Markets Act.