BofA warns Fed risks policy mistake with early rate cuts
Orix (NYSE:IX) Corporation (NYSE:IX, TSE:8591) reported Thursday the repurchase of 4,526,800 of its common shares during June 2025, with a total purchase price of ¥13,951,909,500. The repurchase was conducted through market purchases under a discretionary dealing contract, as resolved by the company’s board of directors on May 12, 2025.
The repurchase period covered June 1 to June 30, 2025. This transaction is part of a broader share buyback program authorized by the board, which allows for the repurchase of up to 40 million shares, representing approximately 3.5% of the company’s total outstanding shares (excluding treasury shares), with a maximum purchase price of ¥100 billion. The authorized repurchase period extends from May 19, 2025, to March 31, 2026.
As of June 30, 2025, Orix has cumulatively repurchased 7,528,100 shares under this program, for a total purchase price of ¥22,932,883,500.
The company stated that the repurchase is being executed in accordance with its Articles of Incorporation and Article 459, Paragraph 1 of the Companies Act. The information in this article is based on a press release statement and the company’s filing with the U.S. Securities and Exchange Commission.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.