Kanzhun (BOSS Zhipin-W) Executes USD 3.99 Million Share Buyback, Raising Cumulative Repurchases to 23.14 Million Shares

Bulletin Express
05/21

Kanzhun Limited (trading in Hong Kong as BOSS Zhipin-W) disclosed a further on-market repurchase of Class A ordinary shares on 20 May 2026. The company bought back 0.58 million shares on the Nasdaq Global Select Market at prices ranging from USD 6.83 to USD 6.99, spending a total of USD 3.99 million. All shares repurchased are earmarked for cancellation.

Following the transaction, the issued share capital remains at 840.42 million shares because the cancelled status has not yet been registered.

Under the current mandate approved on 27 June 2025, Kanzhun is authorised to repurchase up to 91.61 million shares. Since the mandate’s adoption, the company has repurchased 23.14 million shares—equivalent to 2.53 % of the share count on the mandate date—leaving capacity for a further 68.48 million shares.

In line with Hong Kong Listing Rule 10.06, Kanzhun faces a moratorium on any new share issues or treasury-share disposals until 19 June 2026.

The company also noted that 0.70 million Class A ordinary shares have been issued to the depositary for future American Depositary Share (ADS) issuances related to employee incentive plans.

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