 |
| 크래프톤 (사진= 연합뉴스) |
[Alpha Biz=(Chicago) Reporter Paul Lee] Krafton buys treasury stocks worth KRW 167.9 billion. It will retire all of its purchased treasury stocks to help boost stock prices.
Krafton said in a public announcement on the 28th that it has decided to incinerate 960,000 shares of its own shares after acquiring them in the market. The estimated acquisition and retire amount is 167.94 billion won, which will be acquired from the 29th to June 28. The treasury stock acquired will be incinerated the following day, June 29.
Krafton said earlier that he would implement a shareholder return policy over the next three years. The plan is to continue to use a significant portion of the surplus cash flow (FCF), excluding the amount of investment, for shareholder return. Every year, FCC announced that it would acquire and sell its own shares within 40% of the amount excluding investment.
In 2023, the first year, 100% of the acquisition of equity stocks will be retired, and at least 60% will be incinerated afterwards.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
