October 31, 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 Cancellation of Treasury Stock
The Board of Directors of HOYA CORPORATION ("The Company") today resolved to cancel certain shares held as treasury stock pursuant to Article 178 of the Companies Act of Japan in the aim of increasing capital efficiency as well as enhancing shareholders' benefit by decreasing the total number of outstanding shares. The Company will cancel the shares repurchased under its repurchase plan approved by resolution of the Board of Directors on July 31, 2023 *1.
(1) | Class of shares to be cancelled | Common stock |
(2) | Number of shares to be cancelled | 3,129,800 shares |
(0.89% of total shares outstanding, excluding | ||
treasury stock) | ||
(3) | Scheduled date of cancellation | November 10, 2023 |
(Reference)
Total number of issued and outstanding shares after the cancellation: 350,958,720 shares
*1 Please refer to press release on July 31, 2023
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Hoya Corporation published this content on 31 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2023 04:38:13 UTC.