HOYA Corporation Announced Status of Share Repurchases
OREANDA-NEWS. HOYA CORPORATION announced the status of the Company's own share repurchase under its repurchase plan based on Article 39 of Articles of Incorporation pursuant to Article 459.1of the Companies Act of Japan as below.
The Company's share repurchase plan resolved by the Board of Directors on May 7, 2014 has been terminated as of July 15, 2014.
Details of Share Repurchase
(1) Class of shares Common stock
(2) Number of shares repurchased 1,551,800 shares
(3) Total repurchases amount 5,283,685,600 yen
(4) Period of share repurchases July 1, 2014 to July 15, 2014
(5) Method of repurchases Purchase on the Tokyo Stock Exchange
For reference
1. The following details were resolved by the Company's Board of Directors on May 7, 2014.
(1) Class of shares Common stock
(2) Number of own shares repurchased 10 million (maximum)
(2.31% of total shares outstanding, excluding treasury stock)
(3) Amount to be paid for repurchase JPY 30.0 billion (maximum)
(4) Period of share repurchase May 8, 2014 to November 7, 2014
(5) Method of repurchase Purchase on the Tokyo Stock Exchange
2. The accumulative number of own shares repurchased until July 15, 2014, pursuant to the Board of Directors resolution above:
1. Accumulative number of own shares repurchased: 9,234,100 shares (2.18% of total shares outstanding, excluding treasury stock)
2. Total accumulative repurchase amount: 29,999,952,600 yen
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