Pearl Abyss (263750) announced its '2026 Corporate Value Enhancement Plan (Value-Up Program)' on the 9th, drastically strengthening its shareholder return policy, which has led to a surge in its stock price in the after-hours market (NXT).

As of 4:11 PM on the 9th, Pearl Abyss shares are trading at 42,000 won, up 9.09% from the previous day. While the stock closed the regular KOSPI session that day at 38,600 won, up 0.26% from the previous day, the gains expanded significantly in the after-hours NXT market immediately following the disclosure.

Growth Strategy and Enhanced Shareholder Return Measures Through a board of directors report, Pearl Abyss disclosed its '2026 Corporate Value Enhancement Plan' on the same day. The company presented 'Growth Strategy' and 'Enhanced Shareholder Return Policy' as its core tasks.

First, as part of its growth strategy, the company plans to promote ▲ Strengthening the IP lifecycle ▲ Expanding the new game pipeline ▲ Enhancing technological capabilities.

Regarding the shareholder return policy, the company intends to implement ▲ Paying the higher amount between an annual 10 billion won and 10% of net income as dividends ▲ Burning approximately 50% of treasury shares held (4.4%) ▲ Repurchasing 100 billion won worth of treasury shares.

Burning 1.4 Million Common Shares... "No Reduction in Capital" Separately, Pearl Abyss decided to burn treasury shares on this day. The target for incineration is 1,403,945 common shares, which accounts for about 2.19% of the current total number of issued shares (64,247,855 shares). The scheduled burning date is the upcoming 12th.

The scheduled amount for the burn is 17,261,503,775 won based on book value, and the amount converted based on the closing price (38,500 won) on the day before the board resolution is approximately 54 billion won.

The company explained, "This burn utilizes treasury shares acquired within the range of distributable profits, so there will be no reduction in capital." Pearl Abyss plans to continuously expand communication with the market in the future through data provision, enhanced disclosure systems, expanded investor touchpoints, and sustainable management.