Orix reports repurchase of 4.5 million shares in June under board resolution

Published 03/07/2025, 11:20
Orix reports repurchase of 4.5 million shares in June under board resolution

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.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.