Kakao (photo = Yonhap news)

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] Kakao has decided to distribute 200 shares per person to all employees. It is a decision to boost internal morale.

According to the industry on the 14th, Kakao has decided to give 200 stock purchase options (stock options) to all employees (3,652 people) of its headquarters and proposed them as agenda items for the shareholders' meeting on the 28th.

Kakao plans to grant a total of 734,400 common shares through the issuance of new shares and the issuance of its own shares after a resolution at the shareholders' meeting.

Kakao previously granted up to 200 stock options per person for three years from 2021 to last year. At that time, employees who worked for more than a year paid 200 weeks and employees who worked less than 100 weeks, but this year, discrimination based on their tenure was eliminated.

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