Recruit Holdings announces initial progress on share buyback program

Recruit Holdings Co., Ltd. announced on November 4, 2025, the status of its share repurchases, with 5,327,200 shares acquired between October 17 and October 31, 2025. This initial phase of the program, executed through market purchases on the Tokyo Stock Exchange and the Off-Auction Own Share Repurchase Trading System (ToSTNeT-3), amounted to a total purchase price of JPY 41,270,734,800.

The repurchase is part of a larger program resolved by the board of directors on October 16, 2025. This program authorizes the acquisition of up to 38,000,000 common shares, representing up to 2.68% of the total outstanding shares (excluding treasury stock), for a maximum total price of JPY 250 bn. The program is set to run from October 17, 2025, to April 30, 2026.

As of October 31, 2025, the company has completed 14.02% of the maximum share volume and 16.51% of the maximum purchase price under the current resolution. These repurchased shares include those held in the Board Incentive Plan (BIP) trust and the Employee Stock Ownership Plan (ESOP) trust.