|[February 20, 2013]
Nexon Announces First Cash Dividend
TOKYO --(Business Wire)--
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, 2012.
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 reurning
cash to shareholders.
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 Exchange.
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