Canon Marketing Japan Completes Share Repurchase Amid Legal Framework

TOKYO, May 01 (Pulse News Wire) – Canon Marketing Japan Inc. (8060.T) announced today that it completed a share repurchase based on a resolution made during its board meeting held on January 28, 2026.

According to the Corporate Law Article 459, the company purchased a total of 2,471,200 shares within the period from April 01, 2026, to April 30, 2026, through open-market purchases on the Tokyo Stock Exchange. The total cost of the repurchased shares was ¥8.874 billion. In detail, the initial resolution set a limit of 5,000,000 shares, representing up to 4.66% of the outstanding shares excluding treasury shares.

The upper limit for the purchase price was set at ¥30.00 billion. However, due to a stock split effective April 01, 2026, the upper limit for the number of shares changed from 5,000,000 to 10,000,000 shares. As of April 30, 2026, the cumulative number of shares repurchased totaled 6,695,400, with a total acquisition value of ¥23.48 billion.

The reported figures take into account the stock split that occurred prior to the repurchase period.