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Recruit Holdings shares surge on announcement of \350 billion share buyback program
Recruit Holdings Co.,Ltd. <6098> shares continued to rise sharply. The company announced after market close on the 31st that it will implement a share buyback program, which has been well received by investors. The buyback will be capped at 64 million shares (4.58% of issued shares excluding treasury stock) or \350 billion, whichever comes first. The acquisition period will run from April 1st through November 30th. Shares will be acquired through market purchases on the Tokyo Stock Exchange as well as through the TSE's off-exchange trading system (ToSTNeT-3).
Source: MINKABU PRESS
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