Recruit Holdings announces up to ¥130 bn share repurchase program

Recruit Holdings Co., Ltd. announced a share repurchase program, approved by its board of directors on September 25, 2025, to acquire up to 15,000,000 shares of its common stock, representing up to 1.05% of outstanding shares (excluding treasury stock), for a maximum total purchase amount of ¥130 billion. The repurchase, scheduled for September 26, 2025, will be executed via the Off-Auction Own Share Repurchase Trading System (ToSTNeT-3) at today's closing price of ¥8,022.

The company's primary objective for this initiative is to enhance capital efficiency and maximize shareholder returns, aligning with its capital allocation policy. The repurchased shares may be utilized for stock option exercises, stock compensation for employees, strategic M&A, or cancellation. Recruit Holdings asserts its strong financial position, with ¥563.5 billion in consolidated net cash as of June 30, 2025, and an unused ¥200 billion commitment line to support liquidity.

As of August 31, 2025, Recruit Holdings had 1,430,210,526 outstanding shares (excluding treasury stock) and held 133,701,623 treasury shares, including those in the Board Incentive Plan (BIP) and Employee Stock Ownership Plan (ESOP) trusts. The company noted that the actual repurchase amount might vary based on market conditions.