BEIJING, March 26, 2026 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HK: 2076) today announced the continued execution of its share repurchase program, utilizing around RMB34.4 million to repurchase 748,460 ordinary shares on March 25. Year-to-date in 2026, the Company has deployed over RMB480 million toward share repurchases. This move underscores the Company's ongoing commitment to shareholder returns.
KANZHUN LIMITED, trading as BOSS Zhipin on Nasdaq, announced ongoing execution of its share repurchase program, spending approximately RMB34.4 million to buy back 748,460 ordinary shares on March 25, bringing total repurchases in 2026 to over RMB480 million. This action reflects the company's commitment to enhance shareholder value.
Summarize with
Key Points
- KANZHUN LIMITED repurchased 748,460 shares using RMB34.4 million on March 25, 2026.
- Total share repurchases in 2026 have surpassed RMB480 million.
- The repurchase program signals strong commitment to shareholder returns and confidence in company valuation.
Risks
- Future share price volatility may affect the company's market capitalization and repurchase impact.
- Large capital allocation to buybacks may limit funds available for operational growth or strategic investments.
- Market conditions or regulatory changes could influence future repurchase activities or company performance.