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On January 29, 2026, Canon Inc. resolved to acquire up to 54 million of its own shares, representing 6.1% of its total issued shares, as part of a broader strategy to increase corporate value and improve shareholder returns. The share buyback, which will take place over the next year, is designed to enhance capital efficiency and provide flexibility in response to market conditions and the company’s investment priorities.
Canon Inc. to Acquire Own Shares 2026
Key Details of the Buyback Program:
- Total shares to be acquired: Up to 54 million common shares.
- Maximum cost: 200 billion yen (approximately $1.48 billion USD, based on an exchange rate of 1 USD = 135 JPY).
- Acquisition period: From January 30, 2026, to January 29, 2027.
- Methods of purchase: Canon will repurchase shares on the Tokyo Stock Exchange through two primary methods:
- The ToSTNeT-3 system, an off-market repurchase system.
- Discretionary trading contracts in partnership with financial institutions.
Canon emphasized that the actual number of shares repurchased may vary based on market conditions and investment needs. As of December 31, 2025, Canon held 455 million shares in treasury, and the company had a total of 878.6 million issued shares, excluding treasury stock. The move comes as part of Canon’s ongoing effort to improve capital efficiency and provide shareholders with attractive returns, signaling confidence in its long-term growth strategy.
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