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NEXON Co ( (JP:3659) ) has issued an update.
NEXON Co., Ltd. announced the completion of its share buyback program, which was conducted under the guidelines of the Companies Act of Japan. The program, which ran from June 1 to June 25, 2025, resulted in the acquisition of 3,453,500 ordinary shares, amounting to JPY 9,260,045,760. This move is part of a broader strategy to enhance shareholder value, as initially resolved by the Board of Directors on February 13, 2025. The total shares acquired during the entire program period amounted to 22,467,100 shares, with a total expenditure of JPY 49,820,009,708, reflecting a strategic financial maneuver to optimize the company’s capital structure.
The most recent analyst rating on (JP:3659) stock is a Buy with a Yen4340.00 price target. To see the full list of analyst forecasts on NEXON Co stock, see the JP:3659 Stock Forecast page.
More about NEXON Co
NEXON Co., Ltd. operates in the video game industry, focusing on developing and publishing online games. The company is known for its immersive gaming experiences and has a significant presence in the global gaming market.
Average Trading Volume: 2,636,250
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen2284B
See more insights into 3659 stock on TipRanks’ Stock Analysis page.