HOYA Corporation
Notice Regarding Share Buyback Cancellation
HOYA Corporation has announced plans to cancel 4,708,300 shares of treasury stock on January 9, 2026, aimed at improving capital efficiency and enhancing shareholder returns.
Key Figures
- Number of Shares Cancelled: 4,708,300 shares
- Scheduled Cancellation Date: 2026-01-09
- Total Shares Outstanding Before Cancellation: Unknown
- Total Shares Outstanding After Cancellation: 338,414,320 shares (Decrease rate: 1.37%)
- EPS Improvement Effect: Unknown
- Acquisition Date of Shares to be Cancelled: 2025-08-21
AI要約
Overview of Share Buyback Cancellation
HOYA Corporation resolved at its Board of Directors meeting on August 21, 2025, to cancel 4,708,300 treasury shares acquired in accordance with that resolution on January 9, 2026. The shares to be cancelled are the company's common stock and represent 1.37% of the total shares outstanding prior to cancellation. The total shares outstanding after cancellation will be 338,414,320 shares. The acquisition date is noted in the August 21, 2025 release; however, the acquisition cost is not disclosed in this document.
Purpose of Cancellation and Shareholder Value Enhancement
The purpose of the cancellation is to improve capital efficiency and enhance shareholder returns through reducing the total number of shares outstanding. This is expected to result in an increase in earnings per share (EPS) and prevent stock dilution, thereby contributing to the enhancement of shareholder value. Specific quantitative effects on EPS improvement and shareholder value are not disclosed in this document.
Impact on Financials and Stock Price, and Future Policy
No specific figures are provided regarding the impact on ROE improvement or theoretical stock price due to the cancellation; however, the measure is positioned as a strategy to improve capital efficiency. Details regarding future treasury stock acquisition and cancellation policies and overall shareholder return policy are not included in this document.
