Canon completes share buyback program early, nearly exhausting spending limit

Canon Inc. announced on September 3, 2025, the completion of its market purchase of own shares. The company acquired 22,925,700 shares of common stock for a total cost of 99,999,615,400 yen. The acquisition period ran from July 30, 2025, to September 2, 2025. Purchases were made on the Tokyo Stock Exchange through the ToSTNeT-3 system and via discretionary trading contracts.

This completed acquisition is based on a Board of Directors' resolution passed on July 29, 2025. The original resolution authorized the acquisition of up to 32 million shares (equivalent to 3.5% of issued shares, excluding treasury stock) with a maximum cost of 100 bn yen. The period approved for these acquisitions was from July 30, 2025, to January 30, 2026.

Despite the earlier completion date and lower total shares acquired compared to the maximum allowed, Canon spent nearly the full 100 bn yen limit. The early completion indicates efficient execution of the buyback program.