Search results for RSU
Games & Commerce
Kakao union to hold picket protest at Pangyo Agit on July 21 as pay talks drag on
Kakao’s labour union will stage a picket protest on July 21 inside the company’s Pangyo Agit office as wage and collective bargaining talks remain deadlocked, industry sources said on Tuesday. The action follows a four-hour partial strike on June 10 and a “logout day” on June 29 involving multiple Kakao affiliates. Differences remain over a 6.9 percent pay-rise proposal, renegotiation terms and RSU compensation, with some affiliates also raising job security.
Games & Commerce
Kakao Games launches first shareholder returns under new management, burns 500,000 treasury shares
Kakao Games said on Tuesday it will implement its first shareholder return measures since listing, including cancelling 500,000 treasury shares, introducing a restricted stock unit plan and reducing capital reserves. It will burn 500,000 shares worth about 29.9 billion won on July 15, and use the remaining 354,009 shares for employee RSUs. The company also plans to transfer reduced capital reserves to retained earnings after shareholder approval.
Industry
Go Yang to cancel 19.1 billion won of treasury shares under revised Commercial Act
Go Yang Technology will cancel 450,542 treasury shares it holds, worth about 19.1 billion won based on the previous session’s closing price. The company said on May 14 its board approved the cancellation, which is scheduled for May 22. The move follows a revised Commercial Act that took effect in March 2026 and will reduce outstanding shares to 68,204,213 from 68,654,755 without cutting capital. The planned cancellation amount is 6.07 billion won at book value.