KSD "Mandatory Holding Release Registration for 310 Million Shares of 52 Companies in October"

[Asia Economy Reporter Lee Seon-ae] According to the Korea Securities Depository, a total of 310.08 million shares of 52 listed companies with mandatory retention registration will be released next month.

Mandatory retention registration refers to the electronic registration of shares owned by major shareholders, etc., which are restricted from being disposed of at the Korea Securities Depository for a certain period to protect general investors in accordance with relevant laws.

According to the Depository on the 30th, by securities market, 162.9 million shares of 7 companies in the KOSPI market and 147.17 million shares of 45 companies in the KOSDAQ market will be released.

The number of shares with mandatory retention registration to be released next month increased by 9.7% compared to the previous month (282.66 million shares) but decreased by 22.6% compared to the same month last year (408.7 million shares).

The main reason for the release of mandatory retention registration in both the KOSPI and KOSDAQ markets was mandatory retention registration due to public offering (transfer restrictions).

The top three companies in terms of the number of shares to be released from mandatory retention registration are ESR Kendall Square REIT (70.9 million shares), Shinhan Financial Group (39.13 million shares), and Huons Blossom (38 million shares).

The top three companies in terms of the ratio of released shares to issued shares are Huons Blossom (77.5%), ESR Kendall Square REIT (49.5%), and Hankook Refractories (44.3%).

This content was produced with the assistance of AI translation services.