ORIX Corp Updates Share Repurchase Status
Ticker: ORXCF · Form: 6-K · Filed: Nov 6, 2024 · CIK: 1070304
| Field | Detail |
|---|---|
| Company | Orix Corp (ORXCF) |
| Form Type | 6-K |
| Filed Date | Nov 6, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-repurchase, disclosure, 6-K
TL;DR
ORIX Corp filed a 6-K updating its share repurchase status for November 2024.
AI Summary
ORIX Corporation filed a Form 6-K on November 6, 2024, to provide a "Notice regarding Share Repurchase Status." The filing indicates that ORIX Corporation is providing an update on its share repurchase activities as of November 2024. Yasuaki Mikami, a Member of the Board of Directors, signed the report on behalf of the company.
Why It Matters
This filing provides investors with transparency into ORIX Corporation's ongoing share repurchase program, which can impact stock value and shareholder returns.
Risk Assessment
Risk Level: low — This is a routine disclosure of share repurchase status and does not contain new financial or strategic information that would typically increase risk.
Key Players & Entities
- ORIX Corporation (company) — Registrant
- Yasuaki Mikami (person) — Member of the Board of Directors
- November 6, 2024 (date) — Filing date
- November 2024 (date) — Reporting period
FAQ
What is the specific purpose of this Form 6-K filing?
The purpose of this Form 6-K filing is to provide a "Notice regarding Share Repurchase Status" for ORIX Corporation.
When was this report filed with the SEC?
This report was filed with the SEC on November 6, 2024.
Who signed the report on behalf of ORIX Corporation?
Yasuaki Mikami, a Member of the Board of Directors, signed the report on behalf of ORIX Corporation.
What is the reporting period covered by this notice?
The notice covers the month of November 2024.
Does ORIX Corporation file annual reports under Form 20-F or Form 40-F?
ORIX Corporation indicates that it files annual reports under Form 20-F.
Filing Stats: 652 words · 3 min read · ~2 pages · Grade level 13.8 · Accepted 2024-11-06 06:05:48
Filing Documents
- d836822d6k.htm (6-K) — 20KB
- g836822img01.jpg (GRAPHIC) — 14KB
- 0001193125-24-251633.txt ( ) — 40KB
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 : November 6, 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 Notice regarding Share Repurchase Status TOKYO, Japan - November 6, 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 2,492,700 shares 3.Total purchase price of shares repurchased JPY 8,198,399,400 4.Repurchase Period From October 1, 2024 to October 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 October 31, 2024) (1)Total number of shares repurchased 11,705,200 shares (2)Total purchase price of shares repurchased JPY 40,096,931,550 Contact