Recruit Holdings announces 250 bn yen share buyback program

Recruit Holdings' board of directors resolved on October 16, 2025, to implement a share repurchase program, committing to acquire up to 38 million shares for a maximum of 250 bn yen. The acquisition period is set from October 17, 2025, to April 30, 2026, and will be executed through market purchases on the Tokyo Stock Exchange and an off-auction own share repurchase trading system (ToSTNeT-3). This move aligns with the company's previously stated policy to reduce its net cash position to approximately 600 bn yen by March 31, 2026.

In line with this strategy, the company also announced a specific off-auction buyback of up to 1.5 million shares, representing 0.11% of outstanding shares (excluding treasury stock), at a price of 7,646 yen per share. This off-auction transaction is scheduled for October 17, 2025, at 8:45 AM JST. Recruit Holdings previously repurchased 91 million shares for 819.6 bn yen in FY2024 and 53 million shares for 423.7 bn yen in FY2025 as of September 30, 2025.

As of September 30, 2025, the total number of issued and outstanding shares (excluding treasury stock) decreased to 1,420,361,526 shares, reflecting an approximate 10% reduction since March 31, 2023. The repurchased shares may be used for stock acquisition rights, employee stock compensation, strategic M&A, or cancellation.