Notice Regarding Market Purchase of Own Shares and Completion of Acquisition
(Under the provisions of its Articles of Incorporation
pursuant to paragraph 2, Article 165 of the Corporation Law of Japan)
Canon Inc. announced that it has acquired its own shares as follows, under Article 156, as applied pursuant to paragraph 3, Article 165, of the Corporation Law, and that it has completed the acquisition in accordance with the Board of Directors resolution as of February 25, 2020.
Details of acquisition
1.
Type of shares acquired:
Shares of common stock
2.
Total number of shares acquired:
18,093,400 shares
3.
Total cost of acquisition:
49,999,935,550 yen
4.
Period of acquisition:
From February 26, 2020 to March 6, 2020
5.
Method of acquisition:
Purchased on the Tokyo Stock Exchange
(Reference)
Details of the Board of Directors resolution as of February 25, 2020
Type of shares to be acquired:
Total number of shares to be acquired:
Total cost of acquisition:
Period of acquisition:
Shares of common stock Up to 19.2 million shares (Equivalent to 1.8% of shares issued (Excluding treasury stock))
Up to 50 billion yen
From February 26, 2020 to May 27, 2020
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Canon Inc. published this content on 09 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2020 06:07:02 UTC
Canon Inc. specializes in the manufacturing and marketing of consumer printing materials and electronic equipment. Net sales break down by family of products as follows:
- printers (54.8%): laser printers, color printers, etc.;
- imaging equipment (19.4%): digital cameras, digital camcorders, inkjet printers, scanners, broadcasting materials, etc.;
- medical equipment (12.4%);
- other (13.4%): mask aligners by projection, industrial equipment, etc.
At the end of 2022, the group had 42 industrial sites located mainly in Japan (29).
Net sales are distributed geographically as follows: Japan (21.5%), Asia and Oceania (21.8%), Americas (31.1%) and Europe (25.6%).