Pearl Abyss will move to boost corporate value after its board adopted a shareholder return policy centred on the company’s first dividend since founding and large-scale cancellation and purchases of treasury shares.

Pearl Abyss on June 9 filed a “2026 corporate value enhancement plan (voluntary disclosure)” and a “decision on share cancellation” that detail the direction it previewed at its regular shareholders’ meeting in March.

The filing shows Pearl Abyss plans to pay dividends every year to raise shareholder value, equal to the larger of 10 billion won a year and 10 percent of net profit.

It also decided, through a board resolution, to cancel a large volume of previously acquired treasury shares. The company will cancel 1,403,945 shares, about 50 percent of the 2,803,945 treasury shares it holds, which equal 4.4 percent of total shares outstanding. The cancellation is worth about 54 billion won based on the June 8 closing price, and 17.26 billion won in book value terms. Because the company is cancelling treasury shares acquired within the limit of distributable profits under a proviso clause of the Commercial Act, there will be no reduction in capital. The planned cancellation date is June 12.

Pearl Abyss also said it plans to buy an additional 100 billion won worth of its own shares in the second half of this year, showing its intent to support the share price.

The company also presented a growth strategy to strengthen its fundamental competitiveness alongside its shareholder return policy. It plans to raise corporate value by strengthening the life cycle of its intellectual property, expanding its pipeline of new titles and improving its technology capabilities.

It also plans to focus on four measures for smooth communication with the market: stronger provision of materials, stronger disclosure systems, expanded investor touchpoints and sustainability management.