Kanzhun Limited's stock surged 5.00% during intraday trading on Wednesday, following the company's disclosure of continued share repurchase activities.
The online recruitment platform announced the execution of its share repurchase program, utilizing over RMB27.2 million to repurchase 587,254 ordinary shares. According to filings with the Hong Kong Stock Exchange, the company repurchased shares at prices ranging from USD 6.74 to USD 6.87 per share on April 14, 2026, with aggregate consideration totaling USD 3,994,119.99.
Kanzhun has reported total share repurchases exceeding RMB862 million in 2026, signaling management's confidence in the company's long-term value and commitment to returning capital to shareholders through the buyback program.