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HOYA ( (JP:7741) ) has provided an announcement.
HOYA Corporation announced a decision to repurchase up to 3 million shares, equivalent to 0.87% of its outstanding shares, for a maximum of 50 billion yen. This move aims to improve capital efficiency and benefit shareholders by potentially increasing share value through the cancellation of repurchased shares.
More about HOYA
HOYA Corporation operates in the technology and healthcare sectors, primarily focusing on optical products and medical technology. It is listed on the Tokyo Stock Exchange and is known for its innovation in fields such as vision care, electronics, and imaging systems.
YTD Price Performance: 12.46%
Average Trading Volume: 573
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $46.82B
For an in-depth examination of 7741 stock, go to TipRanks’ Stock Analysis page.
