KANZHUN (2076) Announces On-Market Purchase of Shares Under Post-IPO Share Scheme

Bulletin Express
Feb 09

KANZHUN LIMITED conditionally approved and adopted its Post-IPO Share Scheme on December 14, 2022, which took effect upon the listing of its Class A Ordinary Shares on December 22, 2022. According to the announcement, the trustee of the scheme purchased a total of 335,932 Class A Ordinary Shares (in the form of 167,966 American Depository Shares) on February 6, 2026. The shares purchased represent approximately 0.03% of the total issued and outstanding shares as of that date, at an average consideration of US$8.92 per share.

The purchase was funded by the company’s internal resources. After this transaction, the total balance of Class A Ordinary Shares held by the trustee reached 35,229,750. The announcement also notes that the company will periodically determine the number of Class A Ordinary Shares to be awarded to eligible participants under the scheme.

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