Recruit Holdings Co (JP:6098) has released an update.
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Recruit Holdings Co., Ltd. is set to buy back up to 600 billion yen of its shares to enhance capital efficiency and maximize shareholder returns. The repurchase, which could include up to 5.67% of the outstanding shares, is aligned with the company’s long-term business strategy and capital allocation policy. Recruit Holdings believes it has sufficient liquidity to maintain normal business operations post-purchase.
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