Orix (IX) has released an update.
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ORIX Corporation has disclosed its recent share repurchase activity, acquiring 2,189,300 common shares for approximately JPY 7.3 billion between November 1 and November 30, 2024. This move is part of a broader plan approved in May 2024 to repurchase up to 40 million shares, or 3.5% of outstanding shares, with a total budget of 50 billion yen. Such strategic buybacks can potentially enhance shareholder value and signal confidence in the company’s future prospects.
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