Orix (IX) has released an update.
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ORIX Corporation has disclosed the completion of a share repurchase program initiated in May, acquiring a total of 1,468,200 common shares at a cost of JPY 4,945,153,000. This move is part of a larger buyback plan approved by the Board of Directors, aiming to purchase up to 40 million shares for as much as 50 billion yen by March 2025. The repurchase aligns with ORIX’s global expansion and diverse financial services, emphasizing their commitment to sustainable development and impact.
For further insights into IX stock, check out TipRanks’ Stock Analysis page.
