Overview
Description
LG Electronics Preferred shares represent a type of equity security in LG Electronics, a renowned South Korean multinational company. These shares typically offer a higher dividend yield compared to common stocks and have preferential rights in earnings distribution, making them attractive to investors focused on income rather than voting power. LG Electronics operates in diverse sectors, primarily electronics, information technology, and consumer appliances, developing products ranging from smartphones, televisions, home appliances to automotive components. As part of LG Group, a leading conglomerate, LG Electronics has significant market influence in the global electronics industry, leveraging innovation to maintain competitive positioning. The preferred shares play a crucial role in the company's capital structure by supporting financing needs while providing a steady stream of income to investors, thus contributing to Both company stability and investor appeal. These shares are listed on the Korean Stock Exchange, reflecting LG Electronics’ commitment to maintaining transparency and shareholder engagement.
About
CEO
Mr. Joo-Wan Cho
Employees
34626
Address
LG Twin Tower 128
Yeoui-daero Yeongdeungpo-gu
Seoul, 07336
Yeoui-daero Yeongdeungpo-gu
Seoul, 07336
Phone
82 2 3777 1114
Website
Instrument type
Common stock
Sector
Technology
Industry
Consumer Electronics
Country
South Korea
MIC code
XKRX