HOYA to cancel treasury shares to boost shareholder value
HOYA Corporation will cancel 4,708,300 shares of its common stock, representing 1.37% of its total outstanding shares before the cancellation. The resolution was made at a board of directors meeting today, December 23, 2025, and is scheduled for January 9, 2026. This action is intended to increase capital efficiency and improve shareholder benefits by reducing the total number of outstanding shares.
The shares to be cancelled were repurchased under a plan approved by the board of directors on August 21, 2025. Following the cancellation, the total number of issued and outstanding shares will be 338,414,320.
This strategic move aligns with HOYA's commitment to optimizing its capital structure and delivering value to its shareholders.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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