ORIX Corporation
Notice Regarding Cancellation of Treasury Stock (Cancellation of Treasury Stock Based on the Provisions of Article 178 of the Companies Act)
ORIX Corporation has decided to cancel 38,855,620 shares of treasury stock on March 10, 2026.
Key Figures
- Number of shares to be cancelled: 38,855,620 shares
- Scheduled cancellation date: 2026-03-10
- Treasury stock holding limit: Up to 2% of total issued shares (resolved at Board meeting on May 12, 2025)
AI要約
Overview of Capital Policy
ORIX Corporation decided on February 27, 2026, to cancel treasury stock based on the provisions of Article 178 of the Companies Act. The shares to be cancelled are 38,855,620 common shares of the Company, with the scheduled cancellation date set for March 10, 2026. At the Board of Directors meeting on May 12, 2025, it was resolved to limit the total number of treasury shares held to up to 2% of the total issued shares, and to generally cancel treasury shares exceeding this 2% threshold.
Impact on Shareholders
This treasury stock cancellation will reduce the total number of shares issued, which is expected to enhance the per-share value. The cancellation is part of managing the upper limit on treasury stock holdings and aims to improve capital efficiency. There are no specific disclosures regarding dilution rate or use of funds.
