ORIX Corporation (TSE:8591) announces a share repurchase program. Under the program, the company will repurchase 40,000,000 shares, representing 3.47% of the outstanding shares for ¥50,000 million. The purpose of the program is to improve capital efficiency and return profits to shareholders.

The program will run until March 31, 2025. As of March 31, 2024, the company had 1,154,212,892 shares outstanding (excluding treasury stock) and 60,748,162 shares in treasury.