HOYA Corporation (TSE:7741) announces a share repurchase program. Under the program, the company will repurchase up to 5,200,000 shares, representing 1.44% of its total outstanding share capital, excluding treasury stock, for a total purchase price of ¥60,000 million. The purpose of the program is to acquire its own shares for shareholders' benefit, improving capital efficiency and ensuring a flexible capital policy.

All the repurchased shares will be cancelled. The program will continue through October 20, 2022. As of July 31, 2022, the company had 360,498,644 outstanding shares (excluding treasury stock) and 5,280,776 treasury shares.