Recruit Holdings to retire 85.9m shares

Recruit Holdings Co., Ltd. (TSE: 6098) announced today its decision to retire 85,929,800 shares of its own common stock. The decision, approved by the Board of Directors on March 12, 2025, is based on Article 178 of the Companies Act of Japan. The shares being retired comprise treasury stock acquired between March 18, 2024, and March 3, 2025. The retirement is scheduled for March 24, 2025, and will reduce the total number of outstanding shares to 1,563,912,149. The number of retired shares represents approximately 5.21% of the company's total outstanding shares prior to the retirement.