[Edaily Reporter JAEMIN SONG ] LGELECTRONICS will pay an interim dividend of 500 won per share on both common and preferred stock and will cancel the 100 billion won worth of treasury stock it recently purchased by the end of the year.

LGELECTRONICS announced on the 29th that it held a board of directors meeting and finalized the schedule for its 2026 interim dividend and the results of its treasury stock repurchase.

The record date for the interim dividend is the 13th of next month, and the scheduled payment date is the 28th of the same month. Both common and preferred shares will receive a cash dividend of 500 won per share, with the total dividend amounting to approximately 89.7 billion won.

Since 2024, LGELECTRONICS has set the base dividend per share at 1,000 won and has been paying a portion of the annual dividend as an interim dividend. This measure is intended to improve shareholders’ cash flow and increase predictability by spreading dividend payments throughout the year.

LGELECTRONICS also recently completed the 100 billion won share buyback program it announced last January. Accordingly, the company terminated the trust agreement for the acquisition of treasury stock signed with NH INVESTMENT & SECURITIES and disclosed the relevant details.

The treasury shares acquired this time consist of 588,589 common shares and 141,840 preferred shares. LGELECTRONICS plans to cancel all of these shares within the year. Canceling treasury shares reduces the number of shares outstanding, which has the effect of increasing per-share value metrics such as earnings per share (EPS) and book value per share (BPS).

This dividend distribution and treasury stock cancellation are part of LGELECTRONICS’ shareholder return policy, which the company announced late last year when disclosing the status of its corporate value enhancement plan. At that time, LGELECTRONICS stated it would implement shareholder returns totaling 200 billion won over two years.

Following the completion of a 100 billion won share buyback and cancellation this year, LGELECTRONICS plans to implement an additional 100 billion won in shareholder returns next year.