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.
For further insights into IX stock, check out TipRanks’ Stock Analysis page.
