Business News

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

Friday 10. October 2008 - (Under the provisions of its Articles of Incorporation pursuant to paragraph 2, Article 165 of the Corporation Law of Japan)

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 September 16, 2008.

Details of acquisition
1. Type of shares acquired: Shares of common stock
2. Total number of shares acquired: 12,877,200 shares
3. Total cost of acquisition: 49,999,985,000 yen
4. Period of acquisition: From September 17, 2008 to October 9, 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 September 16, 2008
1. Type of shares to be acquired: Shares of common stock
2. Total number of shares to be acquired: Up to 14.5 million shares
(Equivalent to 1.1% of outstanding shares)
3. Total cost of acquisition: Up to 50 billion yen
4. Period of acquisition: From September 17, 2008 to October 20, 2008