HOYA Corporation (TSE:7741) announces a share repurchase program. Under the program, the company will repurchase up to 3,600,000 shares, representing 1.02% of its total outstanding share capital, excluding treasury stock, for a total purchase price of ¥50,000 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement flexible capital policies.

The program will continue through October 20, 2023. As of July 25, 2023, the company had 353,625,331 outstanding shares (excluding treasury stock) and 463,189 treasury shares.