Persol Holdings Co.,Ltd. announces an Equity Buyback for 123,700,000 shares, representing 5.41% for ¥20,000 million.
May 13, 2024 at 02:00 am EDT
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Persol Holdings Co.,Ltd. (TSE:2181) announces a share repurchase program. Under the program, the company will repurchase up to 123,700,000 shares, representing 5.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥20,000 million. The purpose of the program is to enhance shareholder returns.
The program will continue through March 31, 2025. As of March 31, 2024, the company had 2,285,777,971 issued shares (excluding treasury stock) and 46,220,639 treasury shares.
PERSOL HOLDINGS CO.,LTD. is a Japan-based company engaged in the provision of general human resource services. The Company has six segments. The Dispatching and Business Process Outsourcing(BPO) segment is engaged in the provision of dispatching services, as well as consulting and other BPO services. The Recruiting segment is engaged in the recruitment advertisement and recommendation business. The PROGRAMMED segment is engaged in the facilities maintenance business and the staffing business. The PERSOLKELLY segment is engaged in the provision of staffing, recruitment, outsourcing and other services in Asia-Pacific under the PERSOLKELLY brand. The Information Technology Outsourcing (ITO) segment is engaged in the planning and development of communication networks and systems, as well as the information and communication technology (ICT) outsourcing business. The Engineering segment is engaged in the provision of human resource services in mechanical design and other technical fields.
PERSOL HOLDINGS CO.,LTD. 
