BEIJING, May 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 RMB17.0 million to repurchase 347,730 ordinary shares on May 6, 2026. With this latest repurchase, the Company has made repurchases on the first 4 consecutive trading days in May totaling nearly RMB100 million, and has deployed around RMB1.25 billion toward share repurchases year-to-date in 2026. This effort underscores the Company's ongoing commitment to delivering value to shareholders.
KANZHUN LIMITED, trading as BOSS Zhipin, announced continued share repurchases in May 2026, with nearly RMB100 million spent in the first four trading days and about RMB1.25 billion deployed year-to-date, highlighting its dedication to enhancing shareholder returns.
Summarize with
Key Points
- The company repurchased approximately 347,730 ordinary shares using around RMB17 million on May 6, 2026.
- Total share repurchases in the first four trading days of May reached nearly RMB100 million.
- Year-to-date share repurchases total approximately RMB1.25 billion, demonstrating a significant capital return to shareholders.
Risks
- Share repurchases may reduce the company's cash reserves, potentially limiting funds available for growth initiatives or operational needs.
- Unexpected market conditions or regulatory changes could impact the company's ability to continue repurchases at the current pace.
- Heavy investment in share buybacks may signal fewer investment opportunities, which could affect long-term growth prospects.