Reported By:| Edited By: |Source: Reuters |Updated: Mar 30, 2018, 03:27 AM IST
Japanese technology giant Canon Inc said on Thursday it would spend as much as 50 billion yen ($596 million) to buy back its own shares between September 10 and November 12 to improve its capital efficiency.
Under the plan, it will buy back as much as 1.2% of its outstanding shares, the company said in a statement.