KANZHUN trims free float with 10.27 million-share buyback; outstanding shares now at 820.28 million

Bulletin Express
06/25

KANZHUN LIMITED (BOSS ZHIPIN-W) has released a Next Day Disclosure Return detailing marginal share issuance and an intensified share-repurchase programme up to 24 June 2026.

Share issuance • On 24 June 2026, 4,000 Class A ordinary shares were issued upon exercise of employee share options at USD 5.33 per share. • The new shares represent 0.00042 % of the pre-event issued share capital, lifting the total outstanding shares to 820.28 million.

Aggressive buybacks for cancellation • Between 27 May and 24 June 2026, the company repurchased 18 tranches of Class A shares on the Nasdaq Global Select Market, all pending cancellation. • Cumulative volume: 10.27 million shares, equivalent to 1.25 % of the 820.28 million shares outstanding as at 24 June. • Price range: USD 6.51–7.25 per share; indicative daily transactions cluster around USD 3–6 million each. • The most recent purchase on 24 June totalled 453,194 shares at an average USD 6.62, costing USD 3.00 million.

Repurchase capacity • Current mandate (approved 27 June 2025) allows repurchase of up to 91.61 million shares. • To date, 34.60 million shares—approximately 3.78 % of the shares outstanding at mandate date—have been bought back, leaving roughly 57 million shares (or 62 % of the limit) still available. • In line with Hong Kong listing rules, KANZHUN faces a 30-day moratorium on new share issues or treasury share disposals until 24 July 2026 following the latest buyback.

Equity incentive pool • Post-issuance, 24.03 million Class A shares remain on deposit for future American Depositary Shares (ADS) creation tied to employee share incentive plans.

Capital structure snapshot (as of 24 June 2026) • Issued Class A shares (excluding treasury): 820.28 million • Treasury shares: nil (repurchased shares await cancellation)

The disclosure underscores KANZHUN’s continued utilisation of its repurchase mandate to reduce share count, while fresh equity issuance remains minimal and principally tied to employee incentives.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10