Press Releases September 22, 2026 03:20 AM

KANZHUN LIMITED Declares Annual Cash Dividend and Shareholder Return Plan

KANZHUN LIMITED announces $230 million annual cash dividend and outlines robust shareholder return plan including significant share buybacks

By Caleb Monroe
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BZ

KANZHUN LIMITED declared an annual cash dividend of $0.255 per ordinary share (or $0.510 per ADS), totaling approximately $230 million. This move is part of a broader shareholder return strategy including over $300 million in share repurchases year-to-date, exceeding 100% of the prior year's adjusted net income. The company emphasized strong cash flow and reserves to support these returns.

KANZHUN LIMITED Declares Annual Cash Dividend and Shareholder Return Plan
BZ
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Key Points

  • Declared an annual cash dividend totaling approximately $230 million payable to shareholders and ADS holders.
  • Completed over $300 million in share repurchases year-to-date, highlighting strong shareholder return commitment.
  • Maintains healthy cash flow and ample cash reserves to support ongoing dividends and buyback programs.
  • Impact on the online recruitment sector as an example of mature Chinese tech companies returning cash to shareholders.

BEIJING, Sept. 22, 2026 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced that under the Company’s annual dividend policy, the Board has approved an annual cash dividend (the “Dividend”) of US$0.255 per ordinary share, or US$0.510 per ADS, to holders of ordinary shares and holders of ADSs of record as of the close of business on September 28, 2026, Beijing Time and New York Time, respectively, payable in U.S. dollars. The ex-dividend date for holders of ordinary shares in Hong Kong will be September 25, 2026, and the ex-dividend date for holders of ADSs will be September 28, 2026. The aggregate amount of the Dividend to be paid will be approximately US$230 million, which will be funded by surplus cash on the Company’s balance sheet.

For holders of ordinary shares, in order to qualify for the Dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company’s Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong no later than 4:30 p.m. on September 28, 2026 (Beijing/Hong Kong Time). The Dividend to be paid to the Company’s ADS holders through the depositary bank will be subject to the terms of the deposit agreement. The payment date is expected to be on October 6, 2026 for holders of ordinary shares and on or around October 14, 2026 for holders of ADSs.

Mr. Jonathan Peng Zhao, Founder, Chairman and Chief Executive Officer of the Company, remarked, “We place great importance on delivering value to our shareholders. The Company has declared an annual dividend of approximately US$230 million. Together with over US$300 million of share repurchases completed year-to-date, total shareholder returns through dividends and share buybacks this year have already exceeded 100% of the prior year’s adjusted net income.”

Ms. Wenbei Wang, Deputy Chief Financial Officer of the Company, added, “We remain firmly committed to shareholder returns, with healthy cash flow and ample cash reserves supporting our share buyback and dividend arrangements.”


Risks

  • Dividend payments and share buybacks rely on continued strong cash flow and financial health, which may be affected by economic conditions.
  • Uncertainties related to market volatility and regulatory changes in both US and Hong Kong markets where shares and ADS trade.
  • Potential impact of slower-than-expected growth or broader economic downturn on future ability to maintain such shareholder returns.

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