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Recruit Holdings Announces Share Repurchase Plan

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Recruit Holdings Announces Share Repurchase Plan

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Recruit Holdings Co ( (JP:6098) ) has provided an update.

Recruit Holdings Co., Ltd. has announced a share repurchase plan through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Trading System (ToSTNeT-3). The company plans to repurchase up to 2,500,000 shares, representing 0.18% of its total shares, at the closing price of ¥8,096. This move is part of a broader strategy authorized by the board to repurchase up to 38,000,000 shares by April 2026, potentially enhancing shareholder value and optimizing capital structure.

The most recent analyst rating on (JP:6098) stock is a Hold with a Yen8170.00 price target. To see the full list of analyst forecasts on Recruit Holdings Co stock, see the JP:6098 Stock Forecast page.

More about Recruit Holdings Co

Recruit Holdings Co., Ltd. is a Japanese company operating in the human resources and staffing industry. It provides a range of services including recruitment, staffing, and HR technology solutions, focusing on connecting job seekers with employers across various sectors.

YTD Price Performance: -25.76%

Average Trading Volume: 4,944,569

Technical Sentiment Signal: Buy

Current Market Cap: Yen11952.8B

For detailed information about 6098 stock, go to TipRanks’ Stock Analysis page.

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