Look, let’s be honest: when executives start buying their own stock, it is usually a desperate signal to the markets. In this case, Mgame’s leadership is aiming to strengthen accountable management and bolster shareholder value. On the 12th, the company announced that Vice President Hong Deung-ho and Director Lee Jae-chang have each acquired 50 million won worth of company shares. It is, as the company claims, a move to show a 'strong commitment' to corporate value and their confidence in the firm’s long-term growth.

According to the regulatory filings, Vice President Hong picked up 11,360 shares, while Director Lee scooped up 11,225 shares via open market purchases. Mgame suggests they are actively considering further buybacks from executives depending on market conditions. Furthermore, the company is pushing ahead with a total of 2 billion won in share buybacks this year, with plans to incinerate all acquired shares to further appease shareholders.

Mgame seems determined to play the shareholder-friendly card. They have been issuing cash dividends since 2023, and recently declared a dividend of 222 won per share for the 2025 fiscal year. This dividend policy is supported by a relatively stable performance sheet; in the first quarter of this year, Mgame posted 24.2 billion won in revenue, an operating profit of 3.2 billion won, and a net profit of 4.5 billion won.

With their core IPs, Yulgang Online and Knight Online, continuing to generate steady revenue from overseas markets, the company is preparing to ramp up its new releases in the second half of the year. Mgame plans to kick off pre-registrations for their idle mobile title 'Ghost Soul Raising' (Guihon Kiugi) in the third quarter, alongside the relaunch of the PC MMORPG 'Poonglim Hwasan' and the addition of one more published mobile title to their roster. Cheers.