BEIJING, March 30, 2026 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HK: 2076) today announced the continued execution of its share repurchase program, utilizing around RMB34.5 million to repurchase 759,056 ordinary shares on March 27. Year-to-date in 2026, the Company has deployed over RMB540 million toward share repurchases. This move underscores the Company's ongoing commitment to shareholder returns.
KANZHUN LIMITED, known as BOSS Zhipin, announced it has repurchased over RMB540 million worth of shares so far in 2026, including a recent purchase of RMB34.5 million on March 27. This substantial share repurchase program highlights the company's commitment to enhancing shareholder value.
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Key Points
- BOSS Zhipin has repurchased RMB540 million worth of shares year-to-date in 2026.
- The company repurchased 759,056 ordinary shares on March 27 for RMB34.5 million.
- The share buyback demonstrates management’s confidence in the company's long-term prospects and commitment to shareholder returns.
Risks
- Continued large share repurchases could strain the company's cash reserves, impacting capital available for growth investments.
- Market volatility may affect the effectiveness of the buyback program and the stock's valuation.
- Dependence on the Chinese job recruitment market could pose risks if economic conditions deteriorate.