LG Chem Plans KRW 300 Billion Share Buyback With LG Energy Solution Stake Sale Proceeds

Bitget2026/10/28 07:58

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LG Chem plans to sell KRW 2.5 trillion of LG Energy Solution shares under an Oct. 28, 2026 decision.
About KRW 400 billion, roughly 20% of after-tax proceeds, is earmarked for shareholder returns, balancing financial health with future investment needs.
Share buybacks will use KRW 300 billion; the remainder will fund FY2026 year-end dividends, with the final dividend amount determined later.
The broader plan targets gradually reducing its LG Energy Solution holding to about 70% over roughly five years.
Future shareholder returns will prioritize share buybacks and cancellations when shares are deemed undervalued, while maintaining dividend stability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LG Chem Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261028800540), on October 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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LG Chem Plans KRW 300 Billion Share Buyback With LG Energy Solution Stake Sale Proceeds

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