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Recruit Holdings Advances Share Repurchase Program

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Recruit Holdings Advances Share Repurchase Program

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An update from Recruit Holdings Co ( (JP:6098) ) is now available.

Recruit Holdings Co., Ltd. has announced the status of its ongoing share repurchase program, initially resolved by the Board of Directors in July 2024. From July 10, 2024, to January 31, 2025, the company has repurchased 63,568,200 shares, representing 73.07% of the authorized upper limit, with a total expenditure of 588.46 billion yen, equating to 98.08% of the maximum allocated budget. This repurchase initiative, executed primarily through market purchases and trading systems, underscores the company’s commitment to enhancing shareholder value.

More about Recruit Holdings Co

Recruit Holdings Co., Ltd. is a global leader in human resources technology and staffing services. The company focuses on providing comprehensive HR solutions and staffing services, which include recruitment advertising, HR technology, and temporary staffing, catering to various market segments worldwide.

YTD Price Performance: -5.17%

Average Trading Volume: 6,485

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $107.8B

See more insights into 6098 stock on TipRanks’ Stock Analysis page.

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