KANZHUN LIMITED (BZ) Upsizes Share Buyback to $350M

Go back to KANZHUN LIMITED (BZ) Upsizes Share Buyback to $350M

KANZHUN LIMITED Upsizes Total Share Repurchase Program to US$350 Million With a New Program

August 29, 2024 8:05 AM EDT

BEIJING, Aug. 29, 2024 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (BOSS Zhipin or the Company) (Nasdaq: BZ; HKEX: 2076), today announced that the Companys board of directors has authorized a new share repurchase program effective from August 29, 2024 for a 12-month period, under which the Company may additionally repurchase up to US$150 million of its shares (including in the form of American depositary shares), in a sign of confidence about the Companys continued growth in the future. This new share repurchase program will operate in conjunction with the existing share... More