Tranche Update on Webzen Inc.'s Equity Buyback Plan announced on August 30, 2016.
October 04, 2016
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From August 30, 2016 to September 30, 2016, the company has repurchased 310,000 shares, representing 0.98% for KRW 5,302.89 million. With this, the company has completed the repurchase of 310,000 shares, representing 0.98% for KRW 5,302.89 million under the buyback announced on August 30, 2016.
Webzen Inc is a Korea-based company mainly engaged in the development and publishing of games. The Company operates its business through two segments. The Game Development and Service Intellectual Property License segment develops and sells mobile games such as Mu Origin 1 and Mu Origin 2 and online games such as Mu Online, R2, Shot Online, and Mu Online H5. In addition, the Segment is engaged in game intellectual property(IP) alliance business of Awakening, Spiritual Sanctuary, Archangel Earth Sword H5 and others. The Game Development and Service and Other segment develops and sells other online games and mobile games. The Company sells its products in domestic and overseas markets such as Japan and China.
WEBZEN INC. 
