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Today, ORIX Corporation (TSE:8591; NYSE:IX) announced the completion of a share repurchase, as disclosed in an 8K SEC filing. The company repurchased 3,001,300 common shares at a total purchase price of JPY 8,980,974,000. The repurchase period extended from May 19, 2025, to May 31, 2025, and was executed through market purchases under a discretionary dealing contract.
This action follows a resolution by the Board of Directors on May 12, 2025, which authorized the repurchase of up to 40 million shares, equivalent to approximately 3.5% of the total outstanding shares, excluding treasury shares. The total purchase price for the authorized repurchase is capped at 100 billion yen. The repurchase initiative is set to continue until March 31, 2026.
ORIX Corporation, headquartered in Tokyo, Japan, is a global financial services group with diverse business operations including leasing, life insurance, banking, asset management, and real estate. The company operates in approximately 30 countries and regions worldwide, employing around 34,000 people.
The information in this article is based on a press release statement from ORIX Corporation.
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