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Press Releases April 6, 2026 08:00 PM

BOSS Zhipin Continues Share Repurchases, with Total Repurchases Amounting to Nearly RMB700 Million in 2026

BOSS Zhipin accelerates share repurchases and commits to substantial shareholder returns through dividends and buybacks.

By Ajmal Hussain BZ
BOSS Zhipin Continues Share Repurchases, with Total Repurchases Amounting to Nearly RMB700 Million in 2026
BZ

KANZHUN LIMITED, known as BOSS Zhipin, has continued its share repurchase program in 2026, spending nearly RMB700 million year-to-date. The company also committed to allocating at least 50% of adjusted net income for dividends and share repurchases annually over the next three years, reflecting confidence in its long-term growth and dedication to enhancing shareholder value.

Key Points

  • The company repurchased 1,180,162 shares using approximately RMB55 million in early April 2026, contributing to nearly RMB700 million spent on share buybacks so far this year.
  • KANZHUN LIMITED committed to distributing no less than 50% of adjusted net income annually through dividends and share repurchases for the next three years starting in 2026.
  • The Board retains discretion to modify repurchase and dividend plans based on financial performance, capital needs, and market conditions, ensuring flexibility in capital allocation.

BEIJING, April 07, 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 RMB55.0 million to repurchase 1,180,162 ordinary shares on April 2 and April 6. Year-to-date in 2026, the Company has deployed nearly RMB700 million toward share repurchases. This move underscores the Company's ongoing commitment to shareholder returns.

The Company also announced on March 18, 2026 that for each of the next three years starting from 2026, it will allocate no less than 50% of the Company’s adjusted net income (a non-GAAP financial measure) from the preceding fiscal year for distribution of dividends and share repurchases. The Board may adjust its share repurchase and dividend plan at its discretion based on financial performance, capital requirements, market conditions, and other relevant factors, and will provide timely updates to the Company’s shareholders as appropriate in accordance with applicable laws and regulations.

These initiatives underscore management’s confidence in the Company’s long-term growth and reflect its strong commitment to sharing its growth with shareholders and delivering sustainable value.


Risks

  • Changes in market conditions or capital requirements may lead to adjustments or suspension of share repurchases and dividends, introducing uncertainty for shareholders.
  • The declared dividend and repurchase policy relies on the company’s future adjusted net income, which could be impacted by operational or economic challenges.
  • As a technology-driven recruitment platform, fluctuations or disruptions in the broader technology and employment sectors could affect financial performance and, consequently, shareholder returns.

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