Nexters ( (GDEV) ) has issued an update.
On February 21, 2025, GDEV Inc. announced a one-time special cash dividend of $3.31 per share, amounting to approximately $60 million, to be paid on March 11, 2025. This strategic financial move is part of the company’s effort to optimize its capital structure, reduce excess liquidity, and enhance operational efficiency. GDEV’s decision reflects its confidence in its financial stability, showcasing a commitment to shareholder value without impairing its investment capabilities for future growth initiatives.
More about Nexters
GDEV Inc. is a gaming and entertainment holding company focused on developing and growing its franchise portfolio across various genres and platforms. With subsidiaries like Nexters and Cubic Games, it aims to create engaging games that achieve widespread popularity. Notable franchises include Hero Wars, Island Hoppers, and Pixel Gun 3D, which have collectively garnered over 550 million installs and $2.5 billion in bookings worldwide.
YTD Price Performance: -26.11%
Average Trading Volume: 6,672
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $258.2M
Learn more about GDEV stock on TipRanks’ Stock Analysis page.