Nexon Announces First Cash Dividend
TOKYO -- February 20, 2013
NEXON Co., Ltd. (“Nexon”) (3659.TO), a worldwide leader in free-to-play online
games, today announced that its Board of Directors has approved the Company’s
first cash dividend of 5 JPY per common share since its initial public
offering on December 14, 2011. The cash dividend will be paid on March 27,
2013 to all shareholders of record as of the close of business on December 31,
Nexon's solid cash position and strong operating cash flow enable the Company
to invest in areas that will continue to build on its position as a global
leader in free-to-play online games, while also returning cash to
Future dividends will be subject to Board approval.
About NEXON Co., Ltd. http://company.nexon.co.jp/
NEXON Co., Ltd. (“Nexon”) (3659.TO) is a worldwide leader in free-to-play
online games. Founded in Korea in 1994, Nexon developed one of the world's
first graphics-based massively multiplayer online games. Nexon also pioneered
the concept of microtransactions and the free-to-play business model, setting
a new standard in which play is free, and users have the option to purchase
in-game items to enhance their experience. Nexon currently services more than
60 online games in more than 100 countries and since its founding, Nexon has
generated more than 1.3 billion player registrations. The Company is
headquartered in Tokyo, Japan and its shares are listed on the Tokyo Stock
NEXON Co., Ltd.
Owen Mahoney, Chief Financial Officer
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