The PINKFONG Company Announces Purchase and Complete Destruction of 50 Billion Won in Own Shares

The PINKFONG Company has decided to purchase and fully destroy 50 billion won worth of its own shares to strengthen its shareholder return policy while expanding into AI-driven content and location-based entertainment businesses. The company revealed its plan to acquire 50 billion won in shares through a trust agreement with Samsung Securities, with the shares to be completely destroyed. This move aims to enhance shareholder value and growth prospects, alongside expanding its IP-based AI experiences, theatrical films, and new spin-off series while growing its location-based entertainment business. The company also plans to host an investor relations event to share long-term growth strategies.