Notice Regarding Market Purchase of Own Shares and Completion of Acquisition
(Under the provisions of the Articles of Incorporation of Canon Inc. 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 May 17, 2023.
Details of acquisition
1.
Type of shares acquired:
Shares of common stock
2.
Total number of shares acquired:
14,301,200 shares
3.
Total cost of acquisition:
49,999,646,400 yen
4.
Period of acquisition:
From May 18, 2023 to June 12, 2023
5.
Method of acquisition:
Purchased on the Tokyo Stock Exchange
(Reference)
Details of the Board of Directors resolution as of May 17, 2023
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 18 million shares (Equivalent to 1.8% of issued shares (Excluding treasury stock))
Up to 50 billion yen
From May 18, 2023 to August 1, 2023
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Canon Inc. published this content on 13 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2023 06:05:08 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%).