Gate News message, April 15 — South Korean game developer NCSOFT announced plans to distribute 80,576 treasury shares, valued at approximately 19.26 billion KRW ($14 million), to employees as part of a stock incentive program aimed at boosting shareholder value and employee motivation. The shares are priced at 239,000 KRW each, based on the closing price one day prior to the board resolution.
The shares will be allocated to 4,708 employees across NCSOFT and its subsidiaries on April 24, with 67,056 shares going to headquarters staff and 13,520 shares to subsidiary employees. This distribution follows approval of the company’s treasury share retention and disposal plan at the 29th annual general meeting held on March 26, where NCSOFT also officially changed its corporate name from NCSOFT to NC.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Goldman Sachs Files Bitcoin Income ETF Using Options Strategy
Goldman Sachs proposed a Bitcoin-focused income ETF that avoids direct Bitcoin holdings, using linked ETFs and options strategies for income. This filing reflects increased competition in the crypto investment space among major firms.
CryptoFrontNews4h ago
SIX Taps Chainlink to Deliver Equities Data Onchain
SIX has integrated Swiss and Spanish equities data onchain via Chainlink's DataLink, enhancing access to over 75 blockchain networks. This allows the use of verified market data in various digital finance products, meeting growing institutional demands for reliable data.
CryptoFrontNews4h ago
X's Cashtags Feature Generates $1B in Trading Volume Within Days of Launch
X has launched the Cashtags feature, integrating financial trading into its social feed, generating $1 billion in trading volume shortly after its release. Currently available for iPhone users in the U.S. and Canada, it allows easy access to market data and discussions. X Money, a peer-to-peer wallet, is set for rollout amid regulatory concerns, while a new integration with Wealthsimple enables direct in-app trading.
GateNews5h ago
MicroStrategy Shifts STRC to Semi-Monthly Dividends as Daily Trading Volume Hits $1.1B
MicroStrategy plans to switch its preferred stock dividend payouts from monthly to semi-monthly, aiming to enhance investor gains and stabilize stock prices. Shareholders will vote on this by June 8. The stock has seen a trading surge and significant price fluctuations recently, influenced by Bitcoin trends and external geopolitical factors.
GateNews5h ago
Bitcoin ETFs Record $663.9M Inflows, Strongest Day Since Mid-January
Bitcoin ETFs saw $663.9 million in inflows on April 18, indicating renewed institutional confidence and a shift in market sentiment. This trend suggests sustained interest in Bitcoin as investors seek to diversify their portfolios.
GateNews6h ago
Hong Kong Exchange Overhauls IPO Mechanism to Tighten Disclosure Standards and Penalize Substandard Filings
HKEX is reforming its listing mechanism to improve IPO quality by enforcing stricter disclosure standards and allowing confidential submissions. Failure to meet standards will result in public disclosure of sponsoring institutions' names, emphasizing the importance of compliance.
GateNews6h ago
