Last Year, 141 Listed Companies Conducted M&A "16.5%↑"... Share Purchase Claim Amount 827.4 Billion Won
[Asia Economy Reporter Lee Seon-ae] Last year, 141 listed companies completed or were in the process of mergers and acquisitions (M&A). This represents a 16.5% increase compared to the previous year (121 companies). The most common reason was mergers.
According to the Korea Securities Depository on the 25th, M&A activities increased in both the KOSPI and KOSDAQ markets compared to the previous year. The KOSPI rose from 40 companies to 53 companies, and the KOSDAQ increased from 81 companies to 88 companies.
By reason, the breakdown was ▲mergers 126 companies (44 in KOSPI, 82 in KOSDAQ) ▲stock exchanges/transfers 10 companies (8 in KOSPI, 2 in KOSDAQ) ▲business acquisition/disposal 5 companies (1 in KOSPI, 4 in KOSDAQ).
Last year, the total amount of stock purchase claims paid to shareholders by listed companies through the Korea Securities Depository was 827.4 billion KRW, a significant increase of 747.7% compared to 97.6 billion KRW the previous year.
By market, 169.8 billion KRW was paid in the KOSPI market, up 101.7% from 84.2 billion KRW the previous year. In the KOSDAQ market, 657.6 billion KRW was paid, a sharp increase of 4798.3% from 13.4 billion KRW the previous year. This was due to SK Materials (KOSDAQ market) paying a total of 571.3 billion KRW in stock purchase claims following its merger with SK (KOSPI market). This accounted for 86.9% of the total stock purchase claims in the KOSDAQ market last year.
Among the top companies by stock purchase claims paid in each market, the KOSPI market ranked TY Holdings (97.0 billion KRW), Hyundai Construction Equipment (35.64 billion KRW), Dongsung Chemical (11.32 billion KRW), SBS Media Holdings (10.8 billion KRW), and HDC Labs (8.02 billion KRW).
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In the KOSDAQ market, the ranking was SK Materials with 571.29 billion KRW, GC Cell (formerly Green Cross Labcell) with 40.15 billion KRW, Green Cross Cell with 34.65 billion KRW, Korea Information Certification with 5.21 billion KRW, and Korea Package with 2.93 billion KRW.
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