Nexon Surges as Online Game Maker Plans Share Buyback
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Nexon Co., the Japanese maker of online games such as MapleStory, jumped the most on record in Tokyo trading after saying it will buy back shares.
Nexon rose 12 percent to close at 921 yen, the biggest gain since its initial share sale in December 2011. The stock has dropped 5.2 percent this year, compared with a 9.1 percent decline for the Topix index.