BEIJING, April 17, 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 nearly RMB17.1 million to repurchase 344,394 ordinary shares on April 16. Year-to-date in 2026, the Company has deployed over RMB896 million toward share repurchases. This move underscores the Company's ongoing commitment to shareholder returns.
KANZHUN LIMITED, trading as BOSS Zhipin, announced continued share repurchases in 2026 totaling over RMB896 million, demonstrating its strong commitment to enhancing shareholder returns through its ongoing buyback program.
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Key Points
- KANZHUN LIMITED repurchased 344,394 ordinary shares on April 16, 2026, for RMB17.1 million.
- Year-to-date share repurchases exceed RMB896 million, reflecting a significant investment in the company's own stock.
- The share repurchase program signals management's confidence in the company's future and dedication to increasing shareholder value.
Risks
- Share repurchases use substantial cash resources, which could otherwise be invested in growth opportunities, impacting future expansion.
- Market conditions or regulatory changes could affect the continuation or effectiveness of the share repurchase program.
- If the stock price does not respond positively, the buybacks might not translate into expected shareholder value enhancement.