ORIX Corporation (TSE:8591) announces a share repurchase program. Under the program, the company will repurchase 40,000,000 shares, representing 3.34% of the outstanding shares for ¥50,000 million. The purpose of the program is to strengthen shareholder returns and enhance capital efficiency.

The repurchased shares will be cancelled. The program will run until March 31, 2023. As of March 31, 2022, the company had 1,195,363,060 shares outstanding (excluding treasury stock) and 62,914,027 shares in treasury.