Kanzhun Limited (BOSS Zhipin-W) Discloses 607.23k ADS Buyback on 10 April; Cumulative 10.03 Million Shares Repurchased Under 2025 Mandate

Bulletin Express
Apr 13

Hong Kong-listed Kanzhun Limited (BOSS Zhipin-W) has filed a Next Day Disclosure Return detailing the latest progress of its ongoing share repurchase programme.

On 10 April 2026 the company bought back 607,226 Class A ordinary shares—each representing one American Depositary Share (ADS)—on the Nasdaq Global Select Market at prices ranging from USD 6.52 to USD 6.62, for a total consideration of USD 3.99 million. The average purchase price was approximately USD 6.58 per share. All the repurchased shares are earmarked for cancellation.

Including this transaction, Kanzhun has repurchased 10.03 million shares since the current mandate was granted on 27 June 2025, equivalent to 1.09% of the company’s issued share capital at that time. The mandate authorises the repurchase of up to 91.61 million shares; 10.94% of the limit has now been utilised.

Between 20 March and 10 April 2026 the company accumulated 10.03 million shares pending cancellation through daily market repurchases, at volume-weighted average prices ranging from USD 6.59 to USD 6.80 per share. The latest tranche brings the total cash outlay for repurchases in this period to roughly USD 67.06 million.

Issued share capital remains unchanged at 840.41 million Class A ordinary shares as of 10 April 2026. Shares held for future ADS issuance under the company’s share incentive plans total 0.71 million.

Under Hong Kong Listing Rules, Kanzhun is subject to a 30-day moratorium on issuing new shares or transferring treasury shares until 10 May 2026 following the 10 April repurchase. The board has confirmed that all buybacks comply with both Hong Kong and Nasdaq regulations and that no material changes have been made to the repurchase explanatory statement dated 22 May 2025.

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