'Corporate Value Enhancement Disclosures' Reach 764 Companies... "Shareholder Return Efforts Continue"

Last month, eight companies newly disclosed their corporate value enhancement plans, bringing the total number of companies that have completed disclosures to 764.

According to the Korea Exchange on October 6, as of the end of last month, 358 companies listed on the KOSPI and 406 companies listed on the KOSDAQ had announced their corporate value enhancement plans.

The disclosed companies account for 84.0% of the total market capitalization, and for KOSPI-listed companies, they represent 88.4% of the total KOSPI market capitalization.

In terms of shareholder returns, companies such as KT&G, Celltrion, and Cheil Worldwide continued their shareholder return efforts, including decisions to acquire and cancel treasury shares.

The Value-Up Index closed at 3,228.34 points, reflecting a 79.6% increase compared to the end of the previous year.

The Korea Exchange stated, "Ahead of the first-ever announcement of low PBR companies scheduled for November 2, we are encouraging listed companies to disclose their corporate value enhancement plans. Voluntary improvement efforts are beginning to emerge, such as Woojin INS becoming the first to disclose its corporate value enhancement plan, which includes a plan to improve its price-to-book ratio (PBR)."

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