Kakao chiefs begin overseas IR over spin-off plan
CEO Chung Shin-a and KakaoX CEO nominee Kim Do-young are meeting about 10 investors in Hong Kong and Singapore until the 12th.
Kakao CEO Chung Shin-a and Kim Do-young, the nominee to lead KakaoX, began investor relations meetings with overseas investors in Hong Kong and Singapore on November 11, 2026, according to techm.kr. The two executives are scheduled to meet about 10 overseas investors and institutions, with the meetings running until the 12th.
The sessions are intended to explain the background and purpose of Kakao's spin-off, along with the roles and growth directions of KakaoAI and KakaoX once the split is complete.
Kakao has also decided to execute early 150 billion won of a 300 billion won share buyback and cancellation plan before the spin-off. That is half of the total that had originally been earmarked for KakaoX after the split.
The remaining 150 billion won will be bought back and cancelled by KakaoX within 2027, after the split takes effect.
Earlier engagement with shareholders
Kakao announced the spin-off plan in August 2026, saying it would build decision-making and capital allocation structures suited to each business. In September and October 2026, the company held two online and offline minority shareholder meetings and a joint analyst meeting with executives from major affiliates.
Quick answers
Why are Kakao executives meeting overseas investors?
To explain the background and purpose of the spin-off and the roles and growth directions of KakaoAI and KakaoX after the split.
When do the overseas IR meetings take place?
They began on November 11, 2026, in Hong Kong and Singapore and run until the 12th.
What happens to Kakao's share buyback after the split?
150 billion won is being executed before the split, and KakaoX will buy back and cancel the remaining 150 billion won within 2027.