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Canon Marketing Japan Inc. to Acquire Own Shares
- (Under the provisions of its Articles of Incorporation pursuant to paragraph 1, Article 459, of the Corporation Law of Japan)
At the Board of Directors meeting held on November 1, 2013, Canon Marketing Japan Inc. (the Company) resolved to acquire its own shares under the provisions of its Articles of Incorporation pursuant to paragraph 1, Article 459, of the Corporation Law, as follows.
- （1）Reason for acquisition of own shares
- The Company decided to acquire its own shares with the aim of improving capital efficiency and ensuring a flexible capital strategy.
- （2）Details of acquisition
- （1）Type of shares to be acquired : Shares of common stock
- （2）Total number of shares to be acquired: Up to 4,500,000 shares (Equivalent to 3.38% of outstanding shares (Excluding treasury stock))
- （3）Total cost of acquisition : Up to 5 billion yen
- （4）Period of acquisition: From November 5, 2013 to December 19, 2013
Reference:Possession of treasury stock as of October 31, 2013
Number of outstanding shares（Excluding treasury stock） 133,083,852 shares
Number of treasury stock 17,996,120 shares
