Canon says to buy back up to 1.6 pct of its own shares

TOKYO, Sept 3 Tue Sep 3, 2013 2:08am EDT

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TOKYO, Sept 3 (Reuters) - Japan's Canon Inc said on Tuesday that it will buy back up to 1.6 percent of its own shares, spending up to 50 billion yen ($503.3 million) between Sept. 4 and Nov. 1.

($1 = 99.3550 Japanese yen) (Reporting by Shinichi Saoshiro; Editing by Dominic Lau)

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