KSD "40 Companies to Release 162.83 Million Shares from Lock-Up Registration in September"

[Asia Economy Reporter Minji Lee] The Korea Securities Depository announced on the 31st that a total of 162.83 million shares from 40 listed companies with mandatory retention registration are scheduled to be released next month.

Mandatory retention registration refers to the electronic registration of shares owned by major shareholders, etc., with the Korea Securities Depository for a certain period to restrict their disposal in order to protect general investors in accordance with relevant laws. By securities market, the Korea Exchange has 3 companies with 39.16 million shares, and the KOSDAQ market has 37 companies with 123.67 million shares.

The number of shares to be released from mandatory retention registration decreased by 15.4% compared to the previous month (192.59 million shares) and decreased by 42.4% compared to the same month last year (282.66 million shares).

The main reason for the release of mandatory retention registration shares in both the Korea Exchange and KOSDAQ markets was resale restriction (subscription). The top 3 companies by number of shares released from mandatory retention registration are Iljin Hysolus (21.63 million shares), DS&L (19.20 million shares), and NH All One Trust Management Real Estate Investment Company (14.10 million shares).

The top 3 companies by the ratio of released shares to total issued shares are BCN C (64.32%), Iljin Hysolus (59.56%), and DS&L (58.53%), in that order.

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