ORIX Corp Files Share Repurchase Update
Ticker: ORXCF · Form: 6-K · Filed: Dec 4, 2024 · CIK: 1070304
| Field | Detail |
|---|---|
| Company | Orix Corp (ORXCF) |
| Form Type | 6-K |
| Filed Date | Dec 4, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-repurchase, sec-filing
TL;DR
ORIX Corp dropped a 6-K on share repurchases for Dec 2024.
AI Summary
ORIX Corporation filed a Form 6-K on December 4, 2024, to provide a "Notice regarding Share Repurchase Status." The filing indicates the company's ongoing share repurchase activities for the month of December 2024. ORIX Corporation is a Japanese financial services group headquartered in Tokyo.
Why It Matters
This filing provides investors with an update on ORIX Corporation's share buyback program, which can signal management's confidence in the company's valuation and potentially impact the stock price.
Risk Assessment
Risk Level: low — This is a routine update on share repurchase status and does not contain new financial or strategic information that would significantly alter risk.
Key Players & Entities
- ORIX Corporation (company) — Filer of the report
- December 4, 2024 (date) — Filing date
- Tokyo, Japan (location) — Company headquarters
FAQ
What is the primary purpose of this 6-K filing?
The primary purpose of this 6-K filing is to provide a "Notice regarding Share Repurchase Status" for ORIX Corporation for the month of December 2024.
When was this Form 6-K filed with the SEC?
This Form 6-K was filed with the SEC on December 4, 2024.
What is the company's principal executive office location?
The company's principal executive offices are located at World Trade Center Bldg., SOUTH TOWER, 2-4-1 Hamamatsu-cho, Minato-ku, Tokyo, JAPAN.
Does ORIX Corporation file annual reports under Form 20-F or Form 40-F?
ORIX Corporation files annual reports under cover of Form 20-F.
Who signed the report on behalf of ORIX Corporation?
The report was signed by /s/ Yasuaki on behalf of ORIX Corporation.
Filing Stats: 667 words · 3 min read · ~2 pages · Grade level 14.1 · Accepted 2024-12-04 06:04:26
Filing Documents
- d874357d6k.htm (6-K) — 21KB
- g874357dsp4.jpg (GRAPHIC) — 12KB
- 0001193125-24-270279.txt ( ) — 39KB
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 : December 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 - December 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 2,189,300 shares 3.Total purchase price of shares repurchased JPY 7,320,835,300 4.Repurchase Period From November 1, 2024 to November 30, 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 (5)Method of share repurchase From May 15, 2024 to March 31, 2025 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 November 30, 2024) (1)Total number of shares repurchased 13,894,500 shares (2)Total purchase price of shares repurchased JPY 47,