Recruit Holdings Co (JP:6098) has released an update.
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Recruit Holdings Co., Ltd. has announced a major share repurchase program through the ToSTNeT-3 trading system, at the price of ¥9,108 per share, set to take place on September 3, 2024. The company plans to buy back up to 40 million shares, representing 2.61% of its total issued shares, with the possibility of adjustments based on market conditions. This repurchase is part of a broader buyback plan, approved by the Board of Directors on July 9, 2024, aiming to repurchase a maximum of 87 million shares for a total price of 600 billion yen by July 2025.
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