LG Uplus Decides to Cancel 80 Billion Won Worth of Treasury Shares
-
Decision to cancel treasury shares: 5,400,623 common shares (approx. 80 billion won) to enhance shareholder value.
-
Scheduled cancellation date: May 15, 2026; board resolution date: April 30, 2026.
-
Total shares outstanding: decreases from 429,828,355 to 424,427,732 after cancellation.
-
This cancellation uses already acquired shares, requiring no additional cash outlay.
KOSPI Filing Information
-
Filing: Decision on Stock Cancellation (Major Management Matters of Subsidiary)
-
Company: LG (003550)
-
Submission: LG Corp.
-
Receipt: 04-30-2026
-
Under KRX KOSPI Market Division