Business News

Canon: Notice Regarding Market Purchase of Own Shares and Completion of Acquisition

Monday 10. November 2008 - Today, 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 resolved at its Board of Directors meeting held on October 30, 2008.

Today, 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 resolved at its Board of Directors meeting held on October 30, 2008.


Details of acquisition
1. Type of shares acquired: Shares of common stock
2. Total number of shares acquired: 13,795,800 shares
3. Total cost of acquisition: 50,000,000,000 yen
4. Period of acquisition: From October 31, 2008 to November 6, 2008
5. Method of acquisition: Purchased on the Tokyo Stock Exchange


(Reference)
Details of acquisition as resolved at the Board of Directors meeting held on October 30, 2008
1. Type of shares to be acquired: Shares of common stock
2. Total number of shares to be acquired: Up to 20.0 million shares
(Equivalent to 1.6% of outstanding shares
(Excluding treasury stock))
3. Total cost of acquisition: Up to 50 billion yen
4. Period of acquisition: From October 31, 2008 to November 28, 2008