LG电子完成1000亿韩元回购并计划年内注销股份

LG Electronics has completed a 100 billion won share buyback and will retire all of the acquired shares within the year. The company also plans to carry out an additional 100 billion won in shareholder returns next year, fulfilling a total shareholder return plan of 200 billion won over two years.
On the 29th, LG Electronics (066570.KS) said in a regulatory filing that its board had decided to terminate early a 100 billion won treasury stock acquisition trust contract signed with NH Investment & Securities. The reason for the termination was that the targeted treasury stock acquisition had been fully completed.
Through the trust contract, the company purchased 588,589 common shares and 141,840 preferred shares, for a total of 730,429 shares. The acquired treasury stock will be deposited into the company's share account after the trust contract is terminated and will be fully retired within the year. The detailed retirement schedule and method will be disclosed separately following a future board resolution.
LG Electronics announced its treasury stock acquisition plan on January 29 this year and began purchases on February 2. The trust contract was originally set to end on September 30, but the company terminated it on this day after completing the treasury stock acquisition early.
Treasury stock retirement is a representative shareholder return measure that raises earnings per share (EPS) and book value per share (BPS) by reducing the number of outstanding shares. Unlike simply holding treasury stock, retirement eliminates the possibility that the shares will return to the market for sale.
This buyback is a follow-up measure to the corporate value enhancement plan that LG Electronics announced late last year. LG Electronics decided to carry out a total of 200 billion won in shareholder returns over the two years of 2026 and 2027. Following this year's 100 billion won treasury stock buyback and retirement, the company plans to execute an additional 100 billion won in shareholder returns next year.
On the same day, the company also confirmed its interim dividend schedule for 2026. The dividend record date is the 13th of next month, and a cash dividend of 500 won per share will be paid on both common and preferred shares. The total dividend is approximately 89.7 billion won, with a scheduled payment date of the 28th of next month. Since 2024, the company has set an annual base dividend of 1,000 won per share and has been implementing interim dividends.
"We will push ahead with this year's treasury stock buyback and retirement within the year without a hitch, and will execute the planned shareholder returns next year to continuously enhance shareholder value," an LG Electronics official said.