SEOUL, Jan. 29 (Korea Bizwire) – LG Electronics Inc. said Thursday it will spend around 100 billion won (US$70 million) to buy back its shares as part of efforts to increase shareholder value. It marked the first time for LG Electronics to launch a share buyback program aimed at increasing shareholder value. The move came after LG Electronics vowed in November last year to implement a shareholder return program worth 200 billion won from 2026 to 2027. In July 2025, LG Electronics retired treasury shares worth 60.2 billion won as part of efforts to boost shareholder value. The company said it paid 243.9 billion won in dividends for 2025, or 1,350 won per common share and 1,400 won per preferred share.