Recruit Holdings completes initial share repurchase via ToSTNeT-3
Recruit Holdings has completed an own share acquisition through an off-auction own share repurchase transaction (ToSTNeT-3). The company repurchased 1,111,100 shares of its common stock for a total acquisition value of 8,495,470,600 yen. This represents 0.08% of the total outstanding shares (excluding treasury stock).
The acquisition was undertaken to improve capital efficiency and enhance shareholder returns, considering future investment capacity, stock price levels, market conditions, and financial outlook.
The company's board of directors approved a maximum acquisition of 38,000,000 shares, representing 2.68% of outstanding shares (excluding treasury stock), with an upper limit of 250,000,000,000 yen. The acquisition period extends from October 17, 2025, to April 30, 2026, to be executed via market purchases on the Tokyo Stock Exchange through a discretionary trading agreement and/or off-auction own share repurchase transactions (ToSTNeT-3).
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Recruit Holdings publishes news
Free account required • Unsubscribe anytime