Exchange: "Value-Up Index Hits Record High in February"
The Korea Exchange announced on March 5 that the Value-Up Index reached an all-time high of 2,836.31 points last month. This figure marks a 185.9% increase compared to the index’s base date in September 2024.
Through its “Monthly Corporate Value Enhancement Status” report released the same day, the exchange also explained that the total net asset value of the 13 Value-Up Exchange Traded Funds (ETFs) reached 2.7 trillion won as of the end of February, representing a 446.3% increase (an increase of 496.1 billion won) from the initial launch.
Among the five companies that newly disclosed corporate value enhancement plans in February, four were listed on the KOSDAQ market. The exchange noted, “Disclosures are expanding from a focus on large-cap KOSPI companies to include KOSDAQ-listed firms.”
As a result, the cumulative number of companies that have announced corporate value enhancement plans totals 181, consisting of 132 KOSPI-listed firms and 49 KOSDAQ-listed firms (180 main disclosures and 1 preliminary disclosure).
There are a total of 11 companies that have submitted periodic disclosures. Among these, JB Financial Group, Woori Financial Group, Meritz Financial Group, and INNOX Advanced Materials have each submitted periodic disclosures at least once a year since their initial disclosure in 2024.
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The exchange especially highlighted that Meritz Financial Group has made a total of eight disclosures, providing quarterly updates since its initial disclosure in July 2024.
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