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Completion of Share Repurchases through Off-Auction Own Share Repurchase Trading System ("ToSTNeT-3")

July 10, 2024

TOKYO, JAPAN (July 10, 2024) – Recruit Holdings Co., Ltd. (TSE: 6098) (the “Company”) announced that the following transaction has been completed today in connection with the share repurchase announced yesterday, July 9, 2024.

Reasons for the purchases

The Company repurchased its shares through ToSTNeT-3 with the aim of further improving capital efficiency and maximizing shareholder returns, after considering several factors including the ability to make strategic business investments, the current stock price, market conditions, and the forecast of our financial position.

Details of the purchases

Types of shares Common stock of Recruit Holdings Co., Ltd.
Total number of shares repurchased 8,650,000 shares
(up to 0.56% of total number of shares issued and outstanding
(excludes treasury stock))
Total purchase price 79,164,800,000 yen (maximum)
Date July 10, 2024
Method Purchases through Off-Auction Own Share
Repurchase Trading System (ToSTNeT-3)

Details of the repurchase resolved by the Board of Directors on July 9, 2024

Types of shares Common stock of Recruit Holdings Co., Ltd.
Total number of shares to be repurchased 87,000,000 shares (maximum)
(up to 5.67% of total number of shares issued and outstanding
(excludes treasury stock))
Total purchase price 600 billion yen (maximum)
Period From July 10, 2024 to July 9, 2025
Method (1) Market purchases on the Tokyo Stock Exchange, Inc. through an appointed
securities dealer with transaction discretion
(2) Purchases through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)