Recruit Holdings Maintains FY2024 Guidance, Executes Buybacks

Recruit Holdings Co (JP:6098) has released an update.

Recruit Holdings Co. has maintained its full-year guidance for FY2024 unchanged, despite reporting a year-over-year decrease in HR Technology US revenue by 5.0% in Q1. However, they have seen a quarterly increase of 7.7% in the same segment. Additionally, the company completed a 200 billion yen share repurchase program in June and announced a new 600 billion yen share repurchase over the following 12 months in July.

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