LG Uplus Reports Strong Q1 2026 Results and Announces KRW 80 Billion Share Buyback Cancellation

Consolidated Q1 2026 revenue KRW 3.8037 trillion (+3.3% YoY), operating profit KRW 272.3 billion, net profit KRW 176.0 billion.
Standalone revenue KRW 3.5464 trillion, operating profit KRW 271.5 billion, net profit KRW 181.3 billion.
Board resolved on April 30, 2026 to cancel 5,400,623 treasury shares worth KRW 80 billion (completion expected May 15).
Shareholder return policy: cash dividend ≥40% of standalone net profit, plus share buyback (0-20%) within FCF range.
Mobile cumulative lines 30.93 million (+6.4% YoY), 5G handset share 84.2%.
IPTV subscribers 5.76 million (+2.8%), broadband 5.64 million (+4.5%).
Continued AIDC investment: Pyeongchon 2 Center completed, Paju AIDC target completion 2027.
Subsidiaries MediaLog (MVNO) and VoltUp (EV charging) growing.
Consolidated debt-to-equity ratio 117.5% (equity KRW 9.05 trillion, debt KRW 10.64 trillion) – stable.
125 pending lawsuits, but no material impact expected.

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