Canon says to buy back up to 1.6 percent of own shares

TOKYO Tue Feb 18, 2014 1:12am EST

A logo of Canon Inc is pictured at the company's showroom in Tokyo October 24, 2013. REUTERS/Yuya Shino

A logo of Canon Inc is pictured at the company's showroom in Tokyo October 24, 2013.

Credit: Reuters/Yuya Shino

Related Topics

TOKYO (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 ($490.7 million) between February 19 and April 4.

The company last carried out a share buyback between September 4 and November 1.

($1 = 101.9050 Japanese yen)

(Reporting by Dominic Lau; Editing by Chang-Ran Kim)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

A tourist takes a plunge as she swims at Ngapali Beach, a popular tourist site, in the Thandwe township of the Rakhine state, October 6, 2013. Picture taken October 6, 2013. REUTERS/Soe Zeya Tun (MYANMAR - Tags: SOCIETY) - RTR3FOI0

Where do you want to go?

We look at when to take trips, budget considerations and the popularity of multigenerational family travel.   Video