718 Companies Have Disclosed Corporate Value Enhancement Plans; 130 Newly Joined Last Month

In April this year, a total of 130 companies newly disclosed their plans to enhance corporate value, bringing the cumulative total to 718 companies that have completed such disclosures.

Korea Exchange.

According to the Korea Exchange on May 8, the total number of companies that have made these disclosures stands at 714, of which 339 are listed on the KOSPI and 375 are listed on the KOSDAQ. The market capitalization of companies that made disclosures accounts for 77.4% of the total market, and among KOSPI-listed companies, those that disclosed represent 83.4% of KOSPI’s total market capitalization.

As for high-dividend companies, a total of 617 companies disclosed their corporate value enhancement plans by last month. Thanks to proactive efforts by the Korea Exchange, such as sending official letters to non-disclosing high-dividend companies and providing one-on-one dedicated support, 124 companies submitted their disclosures.

The Value-Up Index continued its robust upward trend, reaching an all-time high of 3,017.50 points last month. The total net asset value of Value-Up exchange-traded funds (ETFs) also showed steady growth, reaching KRW 3.1 trillion.

In terms of shareholder returns, KT&G (KRW 1.9 trillion) and KB Financial Group (KRW 1.4 trillion) decided to cancel treasury shares. KB Financial Group also decided to acquire and cancel treasury shares worth KRW 600 billion, demonstrating that listed companies are continuing their active efforts to return value to shareholders.

Meanwhile, the Korea Exchange plans to hold the "Corporate Value Enhancement Excellence Awards Ceremony and Seminar" on May 27, where it will commend outstanding companies and discuss future directions for enhancing corporate value.

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