BEIJING, March 31, 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 RMB34.5 million to repurchase 744,334 ordinary shares on March 30. Year-to-date in 2026, the Company has deployed over RMB576 million toward share repurchases. This move underscores the Company's ongoing commitment to shareholder returns.
KANZHUN LIMITED (BOSS Zhipin) announced the continuation of its share repurchase program, having spent approximately RMB34.5 million to buy back 744,334 shares on March 30, 2026. Total repurchases for the year so far exceed RMB576 million, demonstrating the company's focus on enhancing shareholder value.
Key Points
- KANZHUN LIMITED has repurchased over RMB576 million worth of shares year-to-date in 2026.
- The company repurchased 744,334 ordinary shares on March 30 using RMB34.5 million.
- The ongoing share buyback program highlights management's commitment to returning value to shareholders.
- The company's actions impact the technology and internet sectors, particularly online recruitment and HR services markets.
Risks
- Continued allocation of funds to share repurchases may limit capital available for business expansion or R&D.
- Market volatility could affect the timing and scale of repurchases.
- Changes in regulatory environment affecting stock buybacks could impact the program.