Yahoo Japan to buy back up to £190 millon own shares

A website of Yahoo Japan Corp is seen on a computer screen in Tokyo August 19, 2009. REUTERS/Stringer

TOKYO (Reuters) - Yahoo Japan said on Friday it would buy back up to 60 million, or 30 billion yen (190 million pounds) worth of own shares, equivalent to 1.0 percent of its outstanding stock.

It will buy back the shares between October 28 and January 31, it said in a statement.

(Reporting by Chang-Ran Kim; Editing by Dominic Lau)