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HOYA ( (JP:7741) ) has shared an update.
HOYA CORPORATION’s Board of Directors has approved the cancellation of 4,708,300 shares of its common stock, equivalent to 1.37% of shares outstanding, as part of a strategy to improve capital efficiency and enhance returns to shareholders by reducing the total number of shares in circulation. Following the cancellation, scheduled for January 9, 2026, the company will have 338,414,320 issued and outstanding shares, a move that is expected to support shareholder value by potentially increasing earnings per share and reinforcing HOYA’s shareholder-friendly capital allocation policy.
The most recent analyst rating on (JP:7741) stock is a Buy with a Yen26561.00 price target. To see the full list of analyst forecasts on HOYA stock, see the JP:7741 Stock Forecast page.
More about HOYA
HOYA CORPORATION is a Japan-based company listed on the Tokyo Stock Exchange Prime Market that operates globally in optical and life-care related businesses, including products such as optical lenses and medical-related devices, serving a broad range of healthcare and technology markets.
Average Trading Volume: 1,047,736
Technical Sentiment Signal: Buy
Current Market Cap: Yen8156.4B
Find detailed analytics on 7741 stock on TipRanks’ Stock Analysis page.