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LG Electronics approves $70m share buyback
LG Electronics has approved a share buyback worth 100 billion won (US$70 million) and increased its 2025 dividend by 35 percent, signaling a focus on shareholder returns.
The buyback includes around 905,083 common shares and 189,371 preferred shares, based on the January 28 closing price, and is part of a two-year plan to return 200 billion won (US$139 million) to shareholders.
The company also confirmed a 2025 cash dividend of 1,350 won (US$0,94) per common share and 1,400 won (US$0,97) per preferred share, totaling 243.9 billion won (US$169.7 million), up from 180.9 billion won (US$125.8 million) in 2024.
LG said that the buyback aims to improve capital efficiency and per-share value.
🔗 Source: The Korea Herald
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