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An announcement from Recruit Holdings Co ( (JP:6098) ) is now available.
Recruit Holdings Co., Ltd. announced a share repurchase plan to buy back up to 15 million shares, totaling a maximum of 130 billion yen. This decision is aimed at improving capital efficiency and maximizing shareholder returns, aligning with the company’s long-term business strategy. The repurchase will be funded by the company’s own funds, ensuring sufficient liquidity for ongoing operations. The move reflects Recruit Holdings’ strong financial position and commitment to strategic growth, potentially impacting its market positioning and stakeholder value.
The most recent analyst rating on (JP:6098) stock is a Hold with a Yen9167.00 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. operates in the human resources and staffing industry, providing a range of services including job placement, staffing, and HR technology solutions. The company focuses on enhancing enterprise value and shareholder returns through strategic investments and efficient capital allocation.
Average Trading Volume: 4,429,895
Technical Sentiment Signal: Sell
Current Market Cap: Yen11255.8B
Find detailed analytics on 6098 stock on TipRanks’ Stock Analysis page.