Recruit Holdings to Retire 85.9 Million Treasury Shares

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

Recruit Holdings Co., Ltd. has announced the retirement of 85,929,800 shares of its treasury stock, which accounts for 5.21% of its total shares issued prior to the retirement. This strategic move, set to be completed by March 24, 2025, will reduce the total number of shares issued to 1,563,912,149, potentially impacting the company’s stock value and shareholder equity.

More about Recruit Holdings Co

Recruit Holdings Co., Ltd. operates in the human resources industry, providing a range of services including staffing, recruitment, and HR technology solutions. The company is a significant player in the global market, focusing on innovative solutions to connect job seekers and employers.

YTD Price Performance: -18.12%

Average Trading Volume: 7,130

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $91.62B

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