Seoul: LG Electronics Co. has announced a new shareholder return program valued at 200 billion won (US$136.5 million) for the upcoming two years, with comprehensive plans set to be disclosed soon. The company aims to retire its remaining treasury stock, which includes 1,748 common shares and 4,693 preferred shares, pending approval at the next shareholders' meeting.

According to Yonhap News Agency, LG Electronics had previously retired 761,000 units of treasury stock. The company emphasized its commitment to balancing shareholder returns and growth from a mid- to long-term perspective, aiming to consistently enhance shareholder value. The company's return on equity (ROE) reached 8.3 percent as of the third quarter, marking an increase of 6.5 percentage points from the end of 2024.

Additionally, LG Corp., the holding entity of the conglomerate, announced its intention to retire treasury shares worth 250 billion won in the first half of 2026. In September, the holding company had retired another batch of shares worth 250 billion won.

Furthermore, LG plans to allocate 400 billion won raised from the sale of its building in central Seoul to invest in artificial intelligence, biotechnology, and clean technology, as reported by the company.