Indeed Owner to Embark on Fresh $1.7 Billion Share Buyback

Recruit Holdings Co. is buying back as much as ¥250 billion ($1.7 billion) worth of its own shares, adding to series of repurchases by the company behind the world’s largest employment portal.

The buyback, to last through April 2026, “is the best way to further improve capital efficiency and to maximize shareholder returns,” the company said in a statement Thursday.