(SeaPRwire) – BEIJING, May 14, 2026 — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HK: 2076) announced today that it continued its share repurchase program by using approximately RMB17.0 million to buy back 338,108 ordinary shares on May 13, 2026. With this latest repurchase, the Company has completed buybacks on the first nine consecutive trading days of May, amounting to more than RMB183 million. Year-to-date in 2026, the Company has allocated over RMB1.33 billion for share repurchases. This demonstrates the Company’s ongoing commitment to creating value for shareholders.
On March 18, 2026, the Board approved changes to the existing share repurchase program, raising the total authorized amount under the program to up to US$400 million for repurchasing the Company’s shares (including ADSs) over the extended period through August 28, 2027, reflecting confidence in the Company’s future growth prospects.
The Company also announced on March 18, 2026 that, for each of the next three years beginning in 2026, no less than 50% of the Company’s adjusted net income (a non-GAAP financial measure) from the prior fiscal year will be used for dividend distributions and share repurchases. The Board retains the discretion to adjust the share repurchase and dividend plan based on financial performance, capital needs, market conditions, and other relevant factors, and will provide timely updates to shareholders as appropriate under applicable laws and regulations.
CONTACT: CONTACT: PIACENTE FINANCIAL COMMUNICATIONS kanzhun@tpg-ir.com
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