Recruit Holdings completes JPY 35.1bn share buyback

Recruit Holdings announced today that it has acquired 4,575,000 shares of its common stock through an off-auction own share repurchase trading (ToSTNeT-3), representing approximately 0.31% of the outstanding shares (excluding treasury shares). The total purchase price was JPY 35,186,325,000. This buyback, executed on April 18, 2025, is part of a broader plan approved by the board of directors on February 28, 2025, which authorizes the company to acquire up to 52,000,000 shares, or JPY 450 billion worth of its own stock, between March 3, 2025, and December 23, 2025. The purpose of the share repurchase program is to enhance capital efficiency and shareholder returns, considering future investment capacity, stock price levels, market conditions, and financial outlook. The company may conduct further acquisitions through market purchases on the Tokyo Stock Exchange or additional ToSTNeT-3 transactions.