LG Electronics unveiled a 200 billion KRW (approximately $136.5 million) shareholder return plan for the next two years on Friday, with specific details to be disclosed soon.

In its announcement, LG Electronics stated that if approved at next year's shareholders' meeting, it will cancel 1,748 common shares and 4,693 preferred shares from its remaining treasury stock.

The company earlier confirmed it had already retired 761,000 treasury shares.

"From a mid-to-long-term perspective, we will continue to seek balance between shareholder returns and growth while making relentless efforts to enhance shareholder value," LG Electronics said.

The company reported its third-quarter return on equity (ROE) at 8.3%, marking a 6.5 percentage point increase from year-end 2024.

LG Electronics also announced plans to allocate 400 billion KRW from the sale of its Seoul Jung-gu headquarters building toward investments in artificial intelligence, biotechnology, and clean technology sectors.