By the end of last year, 102 listed companies announced value-up disclosures, indicating a trend of increasing participation.

80 Companies Announced in the Fourth Quarter Alone,
‘Since the Korea Exchange introduced the so-called “Value-Up Disclosure” on May 27 last year, allowing listed companies to voluntarily establish plans to enhance corporate value and communicate with shareholders, a total of 102 companies made such disclosures by the end of the year.’,
‘According to the “2024 Corporate Value-Up Program Settlement” released by the Korea Exchange on the 9th, 94 companies made full disclosures and 8 companies made preliminary disclosures, totaling 102 participating companies by the end of last year.’,
‘Of those making full disclosures, 83 were from the KOSPI market and 11 from the KOSDAQ market. Preliminary disclosures included 2 companies from the KOSPI market and 6 from the KOSDAQ market.’,
‘The Korea Exchange noted that the market capitalization of the 85 companies that made Value-Up disclosures in the KOSPI market accounted for 41.5%, whereas the 17 companies in the KOSDAQ market made up only 2.0%.’,
‘There was a significant increase in Value-Up disclosures in the fourth quarter alone. “In the fourth quarter, 80 companies made full disclosures, indicating a growing trend among listed companies in participating in the Value-Up program,” stated the Exchange. On a monthly basis, 14 companies participated by September, 18 in October, 28 in November, and 34 in December.’,
‘In terms of company size, 63% of the companies making Value-Up disclosures had a market capitalization exceeding 1 trillion won, primarily those listed on the KOSPI market.’,
‘Initially, the financial sector, with a low price-to-book ratio (PBR), had a high participation rate, but participation gradually expanded to include market-leading companies from various industries such as equipment, machinery, construction, and infrastructure, with capital goods accounting for 22% and financials for 19%.’,
‘The objectives of the Value-Up program included enhancing shareholder returns (89%, 84 companies), improving capital efficiency (73%, 69 companies), enhancing growth potential (49%, 46 companies), and improving market assessment (31%, 29 companies, with multiple responses allowed).’,
‘The Exchange added, “The stock prices of companies with full disclosures rose by an average of 3.2% compared to the beginning of the year, and those listed on the KOSPI market increased by 4.9%, surpassing the KOSPI index return of -9.6% by 15 percentage points.”’,