It appears that the number of listed corporations that disclosed plans to enhance corporate value has surpassed 700. Funds tied to the Value-Up Index and related exchange-traded funds (ETFs) are also steadily increasing, indicating that the corporate value enhancement program is taking root in the market.
Korea Exchange (KRX) said through materials released on May 8 titled "April 2026 monthly corporate value enhancement status" that 130 corporations newly disclosed corporate value enhancement plans last month. As a result, the cumulative number of disclosures rose to 718 corporations. By market, there were 342 on KOSPI and 376 on KOSDAQ.
The market share of participating corporations is also expanding. The total market capitalization of corporations that disclosed plans came to 77.4% of the total domestic market cap. In particular, in the KOSPI market, corporations accounting for 83.4% by market capitalization released corporate value enhancement plans.
Follow-up disclosures by corporations are continuing. Through last month, a total of 104 corporations submitted regular disclosures containing implementation status and evaluations of their existing plans.
The exchange is also focusing on expanding participation by high-dividend corporations. Among high-dividend corporations, based on last year's payout ratios and other metrics, 617 corporations have submitted corporate value enhancement plans to date. The exchange said it encouraged participation by sending official letters and providing one-on-one support to corporations that have not disclosed.
Shareholder return moves by listed companies also continued. KT&G decided to cancel about 1.9 trillion won worth of treasury shares, and KB Financial announced the cancellation of about 1.4 trillion won worth of treasury shares along with an additional 600 billion won buyback and cancellation plan.
Indicators related to Value-Up also continued to rise. The Value-Up Index climbed intraday to 3,017.50 points in April, hitting a record high. The total net worth of Value-Up ETFs also increased to about 3.1 trillion won as of the end of April.
Meanwhile, the exchange plans to hold the "corporate value enhancement outstanding corporations awards and seminar" on the 27th of this month to present awards to outstanding participants and discuss the future direction of system development.