Com2uS, cancels own shares worth 58.1 billion KRW... Shareholder return officially begins

Mobile game developer Com2uS has decided to cancel approximately 646,442 shares of treasury stock, demonstrating a strong willingness to enhance shareholder value. The cancellation amount reaches 5% of the company’s total issued shares, and the market is paying close attention to how this move will impact future stock price trends.

On January 5th, Com2uS announced to the Financial Supervisory Service its decision to cancel 646,442 shares of treasury stock. This amount is equivalent to half of the company’s total treasury stock of 1.29 million shares, with an estimated scale of about 58.15 billion KRW based on the average acquisition price. Generally, canceling treasury stock reduces the number of outstanding shares, which is viewed as a means to prevent dilution of per-share value and to provide direct benefits to shareholders.

Through this cancellation, Com2uS’s total issued shares will decrease from approximately 12.73 million to 12.091313 million, but the capital stock remains unchanged. Stock cancellation is a formal process of retiring the company’s own repurchased shares; if not accompanied by a reduction in capital, it does not affect the fundamental structure of the company’s financial statements. However, given the reduction in circulating shares, it is very likely to have a positive effect on the stock price in the future.

Com2uS stated that it will continue to explore diversified policies to enhance shareholder value from multiple angles. Company officials emphasized that this cancellation is not a short-term event but part of the company’s medium- to long-term growth strategy. This is interpreted as a reflection of the company’s commitment to continuously increasing enterprise value based on trust with shareholders.

This move also aligns with recent trends of listed companies domestically and internationally strengthening shareholder returns and stimulating investment sentiment. Especially in the gaming industry, which mainly consists of small- and mid-cap growth stocks, more companies are actively implementing shareholder-friendly strategies. It is expected that Com2uS’s decision will also have a significant influence on the market.

The market also mentioned that, based on future stock price trends, subsequent measures such as additional stock repurchases or increased dividends may be taken. Whether this move will be a one-time decision or will continue as a strategic choice encompassing sustained corporate growth and expanded shareholder interests has become a key focus.