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Orix ( (IX) ) has issued an update.
ORIX Corporation announced a change in the ratio of its American Depositary Shares (ADSs) to common shares, scheduled to take effect after a stock split on February 27, 2025. This adjustment will result in a five-for-one forward ADS split, with no impact on the underlying common shares. The transition, facilitated by Citibank, requires no action from ADS holders and maintains ORIX’s listing on the NYSE.
More about Orix
ORIX Corporation, established in 1964, is a global corporate group originating in Japan with diverse operations across financing and investment, life insurance, banking, asset management, real estate, and several other sectors including environment and energy, and automobile-related services. The company has expanded its reach to approximately 30 countries and regions, employing around 34,000 people worldwide, and is traded under the symbol IX on the NYSE.
YTD Price Performance: -0.20%
Average Trading Volume: 36,925
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $22.9B
For detailed information about IX stock, go to TipRanks’ Stock Analysis page.
