BOSS Zhipin share buybacks reach nearly RMB1.94 billion in 2026

June 24, 2026 6:45 AM EDT

Kanzhun Limited (Nasdaq: BZ; HK: 2076), the operator of online recruitment platform BOSS Zhipin, announced it spent approximately RMB30 million to repurchase 673,766 ordinary shares on June 23, 2026, bringing its year-to-date 2026 share repurchases to nearly RMB1.94 billion, according to a press release.



The company's board approved an amended share repurchase program on March 18, 2026, raising the total authorization to up to $400 million in shares, including American depositary shares, with the program extended through August 28, 2027.



The company also announced on March 18, 2026, that it would allocate no less than 50% of its adjusted net income from the preceding fiscal year toward dividends and share repurchases for each of the three years starting in 2026. Adjusted net income is a non-GAAP financial measure. The board retains discretion to adjust the repurchase and dividend plan based on financial performance, capital requirements, and market conditions.


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