BOSS Zhipin Continues Share Repurchases: More than RMB340M in 2026 Under Buyback Program
Rhea-AI Summary
BOSS Zhipin (Nasdaq: BZ) said it continued executing its share repurchase program, using nearly RMB25 million to buy back 410,642 ordinary shares on Feb 17 and Feb 18. In 2026 the company has deployed more than RMB340 million toward repurchases.
The program remains authorized to repurchase up to USD250 million of shares and is active through the end of August 2026, underscoring the company’s focus on shareholder returns.
Positive
- Deployed >RMB340M to buybacks so far in 2026
- 410,642 shares repurchased on Feb 17–18 (~RMB25M)
Negative
- Cash outflow of more than RMB340M for repurchases in 2026
- Program authorized up to USD250M through Aug 2026 (potential further cash use)
Key Figures
Market Reality Check
Peers on Argus
BZ was down 0.92% while peers like SNAP (+3.31%), NBIS (+7.15%), and Zillow Z/ZG (+2.11%) gained, suggesting stock-specific dynamics despite buyback news.
Previous Buybacks Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| 2026-02-11 | Share repurchase update | Positive | -1.9% | Announced over RMB40M in buybacks, lifting total 2026 repurchases near RMB260M. |
| 2026-02-02 | Share repurchase update | Positive | +1.5% | Disclosed over RMB20M repurchased on Feb 2 and >RMB113M over two weeks. |
| 2026-01-29 | Share repurchase update | Positive | +0.4% | Reported additional buybacks of over RMB20M as part of existing authorization. |
| 2025-08-20 | Buyback upsizing | Positive | +4.8% | Increased share repurchase program from US$150M to US$250M and extended duration. |
| 2024-08-29 | Buyback expansion | Positive | +12.5% | Expanded total repurchase capacity to US$350M, about 7.2% of market value. |
Buyback-related announcements have mostly aligned with positive price reactions, though the most recent February 11 update saw a negative move despite constructive news.
This announcement continues a steady cadence of buyback updates for BOSS Zhipin in 2026. Prior releases detailed incremental repurchases of over RMB20–40M per tranche and highlighted authorization to repurchase up to US$250M through late August 2026. Earlier, the company upsized its program from US$150M to US$250M, and then to a combined US$350M. Overall, these actions frame today’s disclosure of cumulative 2026 repurchases as part of an ongoing capital return strategy rather than a one-off event.
Historical Comparison
In past buyback-related releases, BZ saw an average move of 3.45%, with most announcements prompting positive reactions but one recent update trading lower despite similar themes.
The company progressed from initial buyback authorizations to upsizing programs to US$250M–350M, then repeatedly executed on these authorizations through 2026 with regular repurchase updates.
Market Pulse Summary
This announcement highlights ongoing execution of BOSS Zhipin’s capital return strategy, with near RMB25M used to repurchase 410,642 shares and more than RMB340M deployed in 2026 under a US$250M authorization running through August 2026. Historically, similar buyback updates produced mixed but generally positive price reactions. Investors may watch the remaining authorization usage, pace of repurchases, and upcoming fundamental catalysts to evaluate how this program supports long-term equity value.
Key Terms
buyback program financial
AI-generated analysis. Not financial advice.
BEIJING, Feb. 20, 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 near RMB25 million to repurchase 410,642 ordinary shares on Feb 17 and Feb 18. In 2026, the Company has deployed more than RMB340 million toward share repurchases. This move underscores the Company's ongoing commitment to shareholder returns. BOSS Zhipin maintains authorization under its existing program to repurchase up to USD250 million worth of its shares, with the program remaining active until the end of August 2026.
CONTACT: PIACENTE·FINANCIAL COMMUNICATIONS kanzhun@tpg-ir.com
FAQ
What did BOSS Zhipin (BZ) announce on February 20, 2026 about buybacks?
How much has BOSS Zhipin (BZ) deployed toward buybacks in 2026?
How many shares did BZ repurchase on February 17–18, 2026 and for how much?
What is the remaining authorization for BOSS Zhipin's (BZ) buyback program?
When does BOSS Zhipin's (BZ) buyback program expire?
What do BOSS Zhipin's (BZ) 2026 repurchases mean for shareholders?
