ORIX Corp. Updates Share Repurchase Status
Ticker: ORXCF · Form: 6-K · Filed: Sep 4, 2024 · CIK: 1070304
| Field | Detail |
|---|---|
| Company | Orix Corp (ORXCF) |
| Form Type | 6-K |
| Filed Date | Sep 4, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-repurchase, 6-K, update
TL;DR
ORIX Corp. filed a 6-K updating its share repurchase status on Sept 4, 2024.
AI Summary
ORIX Corporation filed a Form 6-K on September 4, 2024, to provide an update on its share repurchase program. The filing indicates the status of these repurchases, which are conducted under the authority granted by shareholders.
Why It Matters
This filing provides transparency to investors regarding ORIX's ongoing share buyback activities, which can impact stock value and shareholder returns.
Risk Assessment
Risk Level: low — The filing is a routine update on share repurchases and does not contain new material financial information or significant strategic changes.
Key Players & Entities
- ORIX Corporation (company) — Registrant
- September 4, 2024 (date) — Filing date
- 001-14856 (other) — SEC File Number
FAQ
What is the purpose of this Form 6-K filing?
The purpose of this Form 6-K is to report on the status of ORIX Corporation's share repurchase program.
When was this report filed with the SEC?
This report was filed with the SEC on September 4, 2024.
What is ORIX Corporation's SEC file number?
ORIX Corporation's SEC file number is 001-14856.
Does ORIX Corporation file annual reports under Form 20-F or Form 40-F?
ORIX Corporation files annual reports under Form 20-F.
What is the primary document referenced in this 6-K filing?
The primary document referenced is a 'Notice regarding Share Repurchase Status'.
Filing Stats: 667 words · 3 min read · ~2 pages · Grade level 14 · Accepted 2024-09-04 06:06:50
Filing Documents
- d879952d6k.htm (6-K) — 21KB
- g879952g0705074300798.jpg (GRAPHIC) — 4KB
- 0001193125-24-212580.txt ( ) — 27KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ORIX Corporation Date : September 4, 2024 By /s/ Yasuaki Mikami Yasuaki Mikami Member of the Board of Directors Senior Managing Executive Officer Responsible for Corporate Function Unit Responsible for Work Style Reform Project ORIX Corporation Table of Contents Notice regarding Share Repurchase Status TOKYO, Japan - September 4, 2024 - ORIX Corporation announced today the status regarding its share repurchase pursuant to the provisions of its Articles of Incorporation and Article 459, Paragraph 1 of the Companies Act, which was resolved at its Board of Directors meeting held on May 8, 2024, as follows. 1.Class of shares repurchased Common shares 2.Total number of shares repurchased 2,341,400 shares 3.Total purchase price of shares repurchased JPY 7,928,625,250 4.Repurchase Period From August 1, 2024 to August 31, 2024 5.Method of share repurchase Market purchases based on the discretionary dealing contract regarding repurchase of own shares (Reference) 1.Details of the resolution reached at the Board of Directors meeting held on May 8, 2024 (1)Class of shares to be repurchased Common shares (2)Total number of shares to be repurchased Up to 40,000,000 shares (approx.3.5% of the total outstanding shares (excluding treasury shares)) (3)Total purchase price of shares to be repurchased Up to 50 billion yen (4)Repurchase Period From May 15, 2024 to March 31, 2025 (5)Method of share repurchase Market purchases based on the discretionary dealing contract regarding repurchase of own shares 2.Cumulative number of shares repurchased based on the above resolution at the Board of Directors Meeting (as of August 31, 2024) (1)Total number of shares repurchased 7,613,200 shares (2)Total purchase price of shares repurchased JPY 26,377