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November 19, 2024 — Seoul, South Korea-LG Electronics has unveiled a groundbreaking integration of artificial intelligence into its Investor Relations (IR) practices as part of its Corporate Value Enhancement Plan. The move is aimed at driving transparency and efficiency while aligning with the company’s Future Vision 2030.

The AI-driven tools, announced by the IR Division, will analyze investor behavior, automate routine disclosures, and enhance engagement during earnings calls and investor briefings.

“Our new AI capabilities will provide tailored insights to investors, strengthening communication and optimizing our shareholder engagement strategies,”

Said Park Won-jae, Head of IR Division at LG Electronics.

The technology is also poised to support LG’s recently announced shareholder initiatives, including the goal of achieving a 10% return on equity (ROE) by 2027.

AI will streamline decision-making processes for dividend policies, share buybacks, and market projections.

Kim Seung-hyun, Head of the IR Communication Team, emphasized,

“AI enhances precision in market communication, helping us adapt to dynamic capital market trends with greater agility.”

LG’s integration of AI into its IR strategy comes after its recognition at the 2024 Korea IR Awards, where the company was honored for its transparent communication efforts.

This milestone reflects LG’s commitment to leveraging technology for sustainable growth and shareholder value enhancement.

The company plans to unveil further AI-driven initiatives at its upcoming general shareholder meeting in March 2025.

Source: https://www.lgnewsroom.com/2024/11/on-the-job-enhancing-lgs-corporate-value-through-investor-relations/

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Savio Jacob
Savio is a key contributor to Times OF AI, shaping content marketing strategies and delivering cutting-edge business technology insights. With a focus on AI, cybersecurity, machine learning, and emerging technologies, he provides business leaders with the latest news and expert opinions. Leveraging his extensive expertise in researching emerging tech, Savio is committed to offering unbiased and insightful content. His work helps businesses understand their IT needs and how technology can support them in achieving their goals. Savio's dedication ensures timely and relevant updates for the tech community.
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