BOSS Zhipin Continues Share Buybacks with Additional RMB20 Million

Rhea-AI Summary

BOSS Zhipin (Nasdaq: BZ) continued its share repurchase program on January 29, 2026, using over RMB20 million to buy back 315,908 ordinary shares. The repurchase is part of an existing authorization to repurchase up to USD250 million of shares through the end of August 2026.

The company described the buyback as part of its ongoing commitment to shareholder returns.

Positive

• Repurchased 315,908 shares using over RMB20 million
• Existing authorization up to USD250 million through August 2026
• Signals shareholder-return focus via ongoing buyback execution

Negative

• Cash outflow of over RMB20 million reduces available cash resources
• Repurchase is small relative to USD250 million authorization, suggesting limited near-term impact on share count

BEIJING, Jan. 29, 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 over RMB20 million to repurchase 315,908 ordinary shares. This move is part of the Company's ongoing commitment to shareholder returns. Under its existing repurchase program, BOSS Zhipin may repurchase up to USD250 million worth of its shares by the end of August 2026.

CONTACT:
PIACENTE·FINANCIAL COMMUNICATIONS
kanzhun@tpg-ir.com

FAQ

What did BZ announce on January 29, 2026 about share buybacks?

BZ announced it repurchased 315,908 ordinary shares using over RMB20 million on January 29, 2026. According to the company, this purchase is part of a broader program authorized to repurchase up to USD250 million of shares through end of August 2026.

How much of BOSS Zhipin's share repurchase program has been used with this RMB20 million buyback?

The company used over RMB20 million to repurchase 315,908 shares in this tranche. According to the company, the repurchase sits under an existing authorization that allows up to USD250 million in total repurchases through August 2026.

What does the RMB20 million buyback mean for BZ shareholders?

The buyback returns capital to shareholders and may modestly reduce share count from this repurchase. According to the company, the action reflects ongoing commitment to shareholder returns under the USD250 million authorization.

What is the timeline and limit for BOSS Zhipin's authorized repurchase program (BZ)?

The repurchase program authorizes up to USD250 million of share buybacks through the end of August 2026. According to the company, the January 29, 2026 tranche is a continuation of that authorized program.