Hoya : Notice Regarding the Status of Share Repurchases and the Termination of the Share Repurchase Plan (95KB)
October 25, 2023 at 07:09 am
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October 25, 2023
Company Name: HOYA CORPORATION
Representative: Eiichiro Ikeda, President and CEO
(Code: 7741, TSE Prime Market)
Contact: Corporate Communication Department
Telephone:+81-(0)3-6911-4824
Notice Regarding the Status of Share Repurchases and the Termination of the
Share Repurchase Plan
(Based on Articles of Incorporation
pursuant to Article 459.1 of the Companies Act of Japan)
HOYA CORPORATION ("The Company") today announced the status of the Company's own share repurchase under its repurchase plan based on Article 39 of Articles of Incorporation pursuant to Article 459.1of the Companies Act of Japan as below.
The Company's share repurchase plan resolved by the Board of Directors on July 31, 2023 has been terminated as of October 20, 2023.
Details of Share Repurchase
(1)
Class of shares
Common stock
(2)
Number of shares repurchased
535,100
(3)
Total repurchases amount
8,079,534,500 yen
(4)
Period of share repurchases
October 1, 2023 through October 20, 2023
(5) Method of repurchases
Market purchase on the Tokyo Stock Exchange
Note: The above repurchase information has been prepared on the basis of execution date.
For reference
1. The following details were resolved by the Company's Board of Directors on July 31, 2023.
(1)
Class of shares
Common stock
(2)
Number of own shares repurchased
3.6 million shares (maximum)
(1.02% of total shares outstanding, excluding
treasury stock)
(3)
Amount to be paid for repurchase
50 billion yen (maximum)
(4)
Period of share repurchase
August 1, 2023 through October 20, 2023
(5) Method of repurchase:
Market purchase based on discretionary investment
contract
2. The accumulative number of own shares repurchased until October 20, 2023, pursuant to the Board of Directors resolution above:
Accumulative number of own shares repurchased:3,129,800 (0.89% of total shares outstanding, excluding treasury stock)
Total accumulative repurchase amount:49,999,255,500 yen
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Disclaimer
Hoya Corporation published this content on 25 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2023 06:08:09 UTC.
Hoya Corporation specialises in the manufacture and commercialisation of optical products. Net sales break down by business segment as follows:
- health (66%): manufacturing of health care products (75.4% of sales; eyeglass lenses and contact lenses) and medical products (24.6%; endoscopes, medical accessories, intraocular lenses, artificial bones and metal implants for orthopedics);
- information technology (33.1%): manufacturing of electronic products (78.2% of sales; photomasks for semiconductors, masks and devices for LCD screens and hard disks) and imaging products (21.8%; optical lenses, optical glasses and laser equipment);
- other (0.9%).
Net sales are distributed geographically as follows: Japan (28.9%), China (8.2%), Asia (24.7%), Europe (19.3%), the United States (15.1%), the Americas (2.4%) and others (1.4%).