Tranche Update on Webzen Inc.'s Equity Buyback Plan announced on May 17, 2021.
June 16, 2021 at 02:34 am EDT
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From May 17, 2021 to June 11, 2021, the company has repurchased 320,000 shares, representing 1.05% for KRW 10,303.61 million. With this, the company has completed the repurchase of 320,000 shares, representing 1.05% for KRW 10,303.61 million under the buyback announced on May 17, 2021.
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. 
