Kakao Bank is issuing 31.9 million new shares and selling one-third of them to a major U.S. hedge fund.
Shinsegae Group Chairwoman Lee Myung-hee, 77, has handed down part of her share in the conglomerate to her children, Shinsegae announced in a regulatory filing Monday.
Doosan Heavy Industries & Construction said Friday it will issue 1.3 trillion won ($1.1 billion) in new stock to improve its financial structure.
Hanjin Transportation will be issuing 100 billion won ($84 million) of new shares, the company's board decided Thursday.
Jin Air is issuing 109.2 billion won ($91.96 million) of new shares following a board vote in favor of the sale on Wednesday.
Korea has seen a spike in the number of listed firms that have decided to buy back their own shares this year to stabilize share prices amid the coronavirus fallout, data showed Tuesday.
Stocks closed sharply higher Thursday on hopes of an economic recovery fueled by improved U.S. economic indicators. The won rose against the dollar.
Stocks closed lower Wednesday, erasing earlier gains amid rising U.S.-China tensions over a new security law in Hong Kong imposed by China's central government. The won fell against the dollar.
Stocks closed 1.05 percent higher Friday as large-cap tech shares rallied. The won rose against the dollar.
Hanjin KAL announced Thursday it will invest up to 300 billion won ($244 million) to purchase a portion of the 1 trillion won in new stock Korean Air Lines will issue later this year