Share Cancellation
LAI summary · Not investment advice
LG Chem decided to cancel treasury shares worth KRW 300 billion, to be acquired through open-market purchases.
Cancellation amount
KRW 300.0 billion
Key facts
- Acquisition method
- Open-market purchase
Commentary
AI commentary · Not investment advice
What happened
LG's subsidiary LG Chem decided to retire treasury shares. The planned amount is KRW 300.0 billion, covering 1,247,265 common shares and 142,586 preferred shares. The shares are to be acquired through on-market purchases, with a planned acquisition period from 2026.12.01 to 2027.05.31. The filing was received on 2026.10.28.
In the company's terms
Relative to the company, the planned amount equals 2.0% of market capitalization. Total issued shares are 70,592,341 common shares and 7,682,759 preferred shares. The company filed 3 disclosures of the same type over the past year, dated 2026.07.30, 2026.05.22 and 2026.04.30.
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