1. What’s the Share Buyback About?

On July 21, 2025, T3 announced its plan to repurchase and retire 1,485,148 shares (2.41% of its market capitalization) to enhance shareholder value. The shares will be purchased on the KOSDAQ market through KB Securities.

2. Why the Buyback?

T3 experienced sluggish performance in Q1 2025. Both sales and profits declined due to increased competition in the game service sector and sluggish new user acquisition. In this situation, the share buyback is expected to boost earnings per share (EPS) and the stock price. It’s interpreted as an attempt to restore shareholder confidence in the company’s growth potential.

3. How Will the Buyback Affect the Stock Price?

Short-term Positive Impact: Share buybacks reduce the number of outstanding shares, increasing EPS and putting upward pressure on the stock price. The market is likely to react positively to this move.

Long-term Uncertainty: However, if the underlying causes of the Q1 underperformance are not addressed, the impact of the buyback may be limited. Sustainable stock price appreciation requires tangible performance improvements, including strengthening competitiveness in the game service sector, successful new content development, and accelerating growth in new business areas.

4. What Should Investors Do?

  • Check Fundamentals: Carefully examine T3’s strategies to enhance competitiveness in the game service sector, new content development plans, and growth potential of new businesses.
  • Consider External Factors: Analyze the impact of external factors such as current exchange rates, interest rates, and raw material prices on T3 and establish risk management strategies.
  • Invest Cautiously: Don’t be swayed by short-term stock price fluctuations. Make investment decisions carefully by evaluating T3’s long-term growth potential.