(SeaPRwire) – BEIJING, March 23, 2026 — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HK: 2076) today announced the ongoing implementation of its share repurchase program, using approximately RMB34.5 million to buy back 733,918 ordinary shares on March 20. As of the year-to-date in 2026, the Company has allocated roughly RMB380 million to share repurchases. This action highlights the Company’s sustained commitment to shareholder returns.
On March 18, 2026, the Company’s board of directors (the “Board”) approved revisions to the existing share repurchase program, boosting the total authorization under the program to repurchase up to US$400 million of the Company’s shares (including ADSs) over the program’s extended term, which now runs through August 28, 2027, as a demonstration of confidence in the Company’s continued growth.
The Company also announced on March 18, 2026 that for each of the next three years beginning in 2026, it will set aside at least 50% of the Company’s adjusted net income (a non-GAAP financial metric) from the prior fiscal year for dividend distributions and share repurchases. The Board may adjust its share repurchase and dividend plan at its own discretion, taking into account financial performance, capital needs, market conditions, and other relevant factors, and will provide timely updates to the Company’s shareholders as appropriate, in line with applicable laws and regulations.
These initiatives highlight management’s confidence in the Company’s long-term growth and reflect its strong commitment to sharing its growth with shareholders, delivering sustainable value, and strengthening its dedication to shareholder returns.
CONTACT: CONTACT: PIACENTE·FINANCIAL COMMUNICATIONS kanzhun@tpg-ir.com
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