MGAME Director Jo In-han Increases Stake to 1.97% via Open Market Purchase, Treasury Share Cancellation Enhances Shareholder Value

Jo In-han, a registered director of MGAME, purchased a total of 11,694 shares on June 22 and 23, 2026, at an average price of 4,273 KRW, increasing his stake from 366,880 shares 1.88% to 378,574 shares 1.97%.
This insider buying signals management's confidence in the company's undervaluation and future growth.
On December 30, 2025, the company canceled 341,303 treasury shares out of 19,543,877 total shares, reducing outstanding shares to 19,202,574, a positive shareholder return policy preventing dilution.
This purchase was made with personal funds and does not represent new capital raising.
[AI Summary]The insider's open market purchase reflects management confidence but the small volume limits direct stock price impact; the share cancellation contributes to per-share value enhancement. Investors should monitor future insider purchases and dividend policy.