Mgame executives have moved to buy the company’s own shares, expressing their commitment to responsible management and enhancing shareholder value.

Mgame said on Thursday that registered executives, including Vice President Hong Deung-ho (홍등호) and Director Lee Jae-chang (이재창), each bought 50 million won worth of the company’s shares on the open market.

According to a regulatory filing, Hong acquired 11,360 shares and Lee acquired 11,225 shares. The share purchases reflect management’s strong confidence in the company’s sustainable growth. Mgame said it plans to actively consider additional share purchases by executives after comprehensively weighing market conditions.

The company is also steadily expanding shareholder-friendly policies. It has carried out cash dividends continuously since 2023 and recently paid a cash dividend of 222 won per share for the 2025 fiscal year. It also decided to buy back 2 billion won worth of its shares this year and plans to retire all of the shares acquired.

The backdrop to these active shareholder return policies is stable performance. Mgame posted first-quarter revenue of 24.2 billion won, operating profit of 3.2 billion won and net profit of 4.5 billion won, maintaining solid growth.

While overseas sales of its existing flagship intellectual properties (IP), "Yeolhyeolgangho Online" and "Knight Online", remain stable, it will step up an expansion of its new-game lineup from the second half of the year.

Mgame plans to diversify its lineup by starting pre-registrations in the third quarter for "GwiHon Kiugi", an idle mobile game using the popular IP "GwiHon". It also plans to reopen "Pungnimhwasan", a PC massively multiplayer online role-playing game (MMORPG) based on a legacy IP, and to additionally release 1 mobile publishing game.