BOSS Zhipin WVR Shares: Issued Capital Steady at 840.42 Million; 19.40 Million ADSs Await Cancellation after Buy-backs

Bulletin Express
05/07

KANZHUN LIMITED (BOSS Zhipin-W) filed a Next Day Disclosure Return on 7 May 2026, confirming no change in its issued share capital, while providing an update on its ongoing American Depositary Share (ADS) repurchase programme.

Issued Capital • Class A WVR ordinary shares in issue remained at 840.42 million as of 6 May 2026. • No treasury shares were held.

Recent Repurchase Activity • On 6 May 2026, the company bought back 347,730 ADSs on the Nasdaq Global Select Market for cancellation. • Price range: USD 7.135 – 7.24 per ADS; aggregate consideration: USD 2.50 million, implying an average cost of roughly USD 7.18 per ADS. • The transaction was executed under the general mandate approved on 27 June 2025.

Cumulative Buy-backs Pending Cancellation • From 20 March to 6 May 2026, a total of 19.40 million ADSs have been repurchased but not yet cancelled, representing approximately 2.31 % of the current issued share base. • These purchases utilised USD-denominated prices ranging between USD 6.56 and USD 7.25 per ADS.

Mandate Utilisation • Authorised limit: 91.61 million shares. • Shares bought back to date under the mandate: 19.40 million, equating to 2.12 % of the issued shares at the mandate approval date, leaving capacity for a further 72.22 million shares.

Moratorium on New Issuances • In accordance with Hong Kong Listing Rule 10.06(3)(a), the company is restricted from issuing new shares or transferring treasury shares until 5 June 2026.

Other Disclosures • A balance of 0.70 million Class A ordinary shares remains on deposit for potential ADS bulk issuance upon the exercise or vesting of awards granted under the company’s share incentive plans.

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