LG Chem to Sell LG Energy Solution Shares for 2.5 Trillion Won
Bitget2026/10/28 06:51- LG Chem plans to sell 6,535,939 LG Energy Solution common shares for KRW 2.5 trillion to improve finances and enhance shareholder value.
- The indicative price is KRW 382,500 per share; the final price and share count may change.
- The sale is scheduled for Nov. 27-Dec. 24, 2026.
- Its remaining holding will total 179,211,586 shares, representing a 76.59% stake.
- A two-year price return swap (PRS) will settle differences between the buyer's resale proceeds and the shares' reference value.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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