Asia FX muted, dollar nurses losses as Trump tariffs take effect
Orix Corporation (TSE:8591, NYSE:IX) reported Tuesday the completion of a share repurchase totaling 5,417,600 common shares for a total purchase price of ¥17,977,323,200. The repurchase was conducted through market purchases under a discretionary dealing contract between July 1 and July 31.
The buyback forms part of a broader program authorized by the company’s Board of Directors on May 12, 2025, which permits repurchases of up to 40 million shares—approximately 3.5% of the company’s total outstanding shares, excluding treasury shares—or up to ¥100 billion in total purchase price. The approved repurchase period runs from May 19, 2025, to March 31, 2026.
As of July 31, Orix has cumulatively repurchased 12,945,700 shares under this resolution, at a total cost of ¥40,910,206,700.
The information in this article is based on a press release statement and disclosures filed 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.