HOYA Corporation (TSE:7741) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 0.86% of its total shares outstanding excluding treasury shares, for a total of ¥50,000 million. The purpose of repurchase program is to strengthen shareholder returns, improve capital efficiency, and implement flexible capital policies.

The repurchase program is valid till August 15, 2024. As of March 31, 2024, the company had 350,521,475 shares outstanding excluding treasury shares and had 437,245 shares in treasury.