Orix (IX) has released an update.
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ORIX Corporation has reported on its share repurchase program, confirming the buyback of 1,669,900 common shares for a total cost of 5.7 billion yen within the June 2024 timeframe. This move is part of a larger plan authorized by their Board of Directors in May 2024 to acquire up to 40 million shares to the value of 50 billion yen by the end of March 2025. The company, a diversified financial service group operating globally, emphasizes its commitment to sustainable development.
For further insights into IX stock, check out TipRanks’ Stock Analysis page.
