Canon has closed out a share buyback authorized back in January, spending very nearly its full ¥200bn budget with months still left on the clock.
The company told the Tokyo Stock Exchange on September 7 that it had finished the program on September 4, having bought back 45,331,900 common shares for a total of ¥199,999,719,200. Purchases ran from January 30 through September 4, carried out through two separate methods: off-auction block trades executed via ToSTNeT-3, and on-floor purchases in the regular auction market under a discretionary trading contract.
| Metric | Board authorization | Actual result |
|---|---|---|
| Shares | Up to 54,000,000 shares (6.1% of shares outstanding excl. treasury) | 45,331,900 shares |
| Value | Up to ¥200bn | ¥199,999,719,200 |
| Period | Jan 30, 2026 to Jan 29, 2027 | Jan 30, 2026 to Sep 4, 2026 |
The board resolution that launched the program on January 29 had given Canon room to buy back up to 54 million shares, equal to 6.1% of shares outstanding excluding treasury stock, and to spend up to ¥200bn, with a deadline of January 29, 2027. Canon closed the books well ahead of that deadline. It bought fewer shares than the ceiling allowed but came within a few hundred thousand yen of exhausting the full ¥200bn it had set aside.
The filing is a completion notice, not a strategy memo: it does not say what Canon intends to do with the repurchased stock, gives no indication the shares will be retired or cancelled, and offers no comment on share-price performance during the eight-month buying window.