LGE plans to return “more than 25% of net profit* (excluding one-off non-recurring profit, based on profit attributable to
owners of the parent) of consolidated financial statements, minimum 1,000 KRW per common share per year” to the shareholders over the next three years (FY2024-FY2026).
From 2024, LGE is also conducting semi-annual dividends twice a year.
In December 2024, we announced our second value-up plan and unveiled plans to cancel 761,000 treasury shares acquired within the scope of distributable income in 2025.
A detailed timeline regarding the cancellation of treasury shares will be provided in the near future.
The total annual dividend for FY2024, including the interim dividend, amounts to KRW 1,000 per common share and KRW 1,050 per preferred share.
(The interim dividend for FY2024 was KRW 500 per common share and KRW 500 per preferred share.)
LGE’s dividend amount has been determined before the dividend record date in line with the government’s plans to improve dividend distribution procedures of listed companies.
The final dividend record date has been set for March 31st, 2025.