SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January 2022

 

 

LG Display Co., Ltd.

(Translation of Registrant’s name into English)

 

 

LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul 07336, Republic of Korea

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☒            Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ☐            No  ☒

 

 

 


Announcement of Dividend Policy for FY2021 to FY2023

LG Display Co., Ltd. (the “Company”) announced its dividend policy with respect to the fiscal years 2021 to 2023 as follows:

The Company expects to maintain a dividend pay-out ratio of around 20% of its consolidated net profit as determined under the International Financial Reporting Standards as adopted by Korea.

Notes:

 

  -

The above dividend policy represents the Company’s current expectations only, and it thus remains subject to change due to various factors such as the business environment and market conditions.

 

  -

Specifics regarding the Company’s dividends, including but not limited to the amount of dividend for each fiscal year, will be determined by approvals by the Company’s board of directors and the annual general meeting of the Company’s shareholders.

 

  -

The Company’s consolidated net profit for the purposes of dividends will be calculated on the basis of the Company’s consolidated net profit attributable to owners of the controlling company and will exclude any non-recurring profit or loss.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    LG Display Co., Ltd.
    (Registrant)
Date: January 26, 2022     By:   /s/ Suk Heo
    (Signature)
    Name:   Suk Heo
    Title:   Director / Head of IR Division
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