Canon Inc 6-K, filed Feb 25, 2020
Canon Inc (CAJPY)
About this 6-K
Canon Inc filed this 6-K on February 25, 2020.
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
| For the month of …. | February |
……………………………………………… , | 2020 |
| CANON INC. | ||||
| (Translation of registrant’s name into English) | ||||
| 30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo 146-8501, Japan | ||||
| (Address of principal executive offices) | ||||
[Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
| Form 20-F |
X | Form 40-F |
[Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
| Yes |
No |
X |
[If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):82-....................
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| CANON INC. |
||
| (Registrant) |
| Date…. |
February 25, 2020 | By....../s/..........Sachiho Tanino ............. | ||||||
| (Signature)* | ||||||||
|
Sachiho Tanino General Manager Consolidated Accounting Division Finance & Accounting Headquarters Canon Inc. |
*Print the name and title of the signing officer under his signature.
The following materials are included.
| 1. | Canon Inc. to Acquire Own Shares |
February 25, 2020
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| Canon Inc. Chairman & CEO: Fujio Mitarai Securities code: 7751 Tokyo (First Section) and other Stock Exchanges | ||
| Inquiries: Sachiho Tanino General Manager Consolidated Accounting Div. Finance & Accounting Headquarters +81-3-3758-2111 | ||
Canon Inc. to Acquire Own Shares
(Under the provisions of its Articles of Incorporation
pursuant to paragraph 2, Article 165 of the Corporation Law of Japan)
Canon Inc. (the “Company”) passed a Board of Directors’ resolution on February 25, 2020, regarding the acquisition of its own shares under Article 156, as applied pursuant to paragraph 3, Article 165, of the Corporation Law, as follows.
| 1. | Purpose of acquisition of own shares |
The Company decided to acquire its own shares with the aim of improving capital efficiency and ensuring a flexible capital strategy that provides for such future transactions as share exchanges.
| 2. | Details of acquisition |
| 1) Type of shares to be acquired: |
Shares of common stock | |
| 2) Total number of shares to be acquired: |
Up to 19.2 million shares (Equivalent to 1.8% of outstanding shares (Excluding treasury stock)) | |
| 3) Total cost of acquisition: |
Up to 50 billion yen | |
| 4) Period of acquisition: |
From February 26, 2020 to May 27, 2020 |
(Reference) Possession of treasury stock as of February 21, 2020
| Number of outstanding shares (Excluding treasury stock) |
1,063,833,567 shares | |
| Number of treasury stock |
269,929,897 shares |