Canon Inc. to Acquire Own Shares (PDF:0.11MB)

February 25, 2020

Canon Inc.

Chairman & CEO: Fujio Mitarai

Securities code: 7751

Tokyo (First Section) and other Stock Exchanges

Inquiries: Sachiho Tanino General Manager Consolidated Accounting Div. Finance & Accounting Headquarters [phone]

Canon Inc. to Acquire Own Shares

(Under the provisions of its Articles of Incorporation

pursuant to paragraph 2, Article 165 of the Corporation Law of Japan)

Canon Inc. (the "Company") passed a Board of Directors' resolution on February 25, 2020, regarding the acquisition of its own shares under Article 156, as applied pursuant to paragraph 3, Article 165, of the Corporation Law, as follows.

1. Purpose of 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 that provides for such future transactions as share exchanges.
2. Details of acquisition

1)	Type of shares to be acquired:	Shares of common stock
2)	Total number of shares to be	Up to 19.2 million shares
	acquired:	(Equivalent to 1.8% of outstanding shares
		(Excluding treasury stock))
3)	Total cost of acquisition:	Up to 50 billion yen
4) Period of acquisition:	From February 26, 2020 to May 27, 2020
(Reference) Possession of treasury stock as of February 21, 2020
Number of outstanding shares (Excluding treasury stock)	1,063,833,567 shares
Number of treasury stock		269,929,897 shares