Yahoo Japan to buy back up to $220 million of its own shares

TOKYO Tue Jan 29, 2013 1:20am EST

TOKYO (Reuters) - Yahoo Japan Inc said on Tuesday that it plans buy back up to 20 billion yen ($220 million) of its own shares, or 1.4 percent of its issued stock.

Yahoo Japan said it would buy back 800,000 shares between February 1 and March 15.

($1 = 90.6350 Japanese yen)

(Reporting by Shinichi Saoshiro; Editing by Chris Gallagher)

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