BOSS Zhipin Continues Share Repurchases, with Total Repurchases Amounting to Nearly RMB700 Million in 2026

BOSS Zhipin (Nasdaq: BZ) continued its share repurchase program, using about RMB55.0 million to buy 1,180,162 ordinary shares on April 2 and April 6, 2026.

Rhea-AI Summary

BOSS Zhipin (Nasdaq: BZ) continued its share repurchase program, using about RMB55.0 million to buy 1,180,162 ordinary shares on April 2 and April 6, 2026. Year-to-date in 2026, the company has deployed nearly RMB700 million toward repurchases.

The company reaffirmed a distribution policy: for each of the next three years beginning 2026, it will allocate no less than 50% of the prior fiscal year’s adjusted net income (non-GAAP) to dividends and share repurchases, while the Board retains discretion to adjust plans based on financial performance and market conditions.

Positive

• Share repurchases of ~RMB700 million year-to-date 2026
• Recent repurchase of RMB55.0 million for 1,180,162 shares
• Committed minimum 50% of adjusted net income to dividends and buybacks (2026–2028)

Negative

• Distribution target tied to adjusted net income (non-GAAP)
• Board retains discretion to adjust repurchase and dividend plans

Argus Apr 7 session

-2.52% close to close Open Argus

Details

News Market Reaction – BZ

On Apr 7, the day this news came out, BZ closed 2.52% below the previous close.

Data tracked by StockTitan Argus for the Apr 7 session.

Key Figures

Latest repurchase spend: RMB55.0 million Shares repurchased: 1,180,162 ordinary shares 2026 YTD buybacks: Nearly RMB700 million +5 more

Latest repurchase spend

RMB55.0 million

Buyback of 1,180,162 ordinary shares on April 2 and April 6, 2026

Shares repurchased

1,180,162 ordinary shares

Repurchased on April 2 and April 6, 2026 under buyback program

2026 YTD buybacks

Nearly RMB700 million

Total share repurchases year-to-date in 2026 as of this release

Capital return policy

≥50% adjusted net income

Allocated annually to dividends and repurchases for each of next three years from 2026

Program authorization

US$400 million

Raised buyback authorization through August 28, 2027 (announced Mar 18, 2026)

Prior cumulative buybacks

Over RMB576 million

Cumulative 2026 repurchases reported as of March 31, 2026

Current share price

$13.50

Price before this April 7, 2026 buyback announcement

52-week range position

-46.56% vs high; +3.53% vs low

Trading level relative to 52-week high of $25.26 and low of $13.04

Previous Buybacks Reports

5 past events · Latest: Mar 31

Same Type 5 events

1. Mar 31

   Buyback update

   24h Move

   +0.4%

   Announced over RMB576M 2026 buybacks after March 30 repurchase tranche.

2. Mar 30

   Buyback update

   24h Move

   +1.6%

   Reported 2026 repurchases surpassing RMB540M with latest March 27 buybacks.

3. Mar 27

   Buyback update

   24h Move

   -3.1%

   Disclosed over RMB500M in 2026 buybacks including March 26 share purchases.

4. Mar 25

   Buyback update

   24h Move

   +0.8%

   Cumulative 2026 repurchases neared RMB450M plus new US$400M authorization.

5. Mar 23

   Buyback update

   24h Move

   -2.0%

   Reported about RMB380M buybacks and commitment of 50% adjusted net income.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

share repurchase program, adjusted net income, non-GAAP financial measure

3 terms

share repurchase program financial

"announced the continued execution of its share repurchase program, utilizing around RMB55.0"

A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.

adjusted net income financial

"allocate no less than 50% of the Company’s adjusted net income (a non-GAAP financial"

Adjusted net income is a company's reported profit after removing unusual, one-time, or non-operational items so the number reflects the business’s regular earning power. Investors use it like a cleaned-up scorecard — similar to judging a player’s season performance without a few fluke games — to compare companies or assess trends without being misled by rare gains or losses that won’t affect future cash flow.

non-GAAP financial measure financial

"adjusted net income (a non-GAAP financial measure) from the preceding fiscal year"

A non-GAAP financial measure is a way companies present their financial results that excludes certain expenses or income to show how they believe their core business is performing. It matters because it can give a clearer picture of how the company is really doing, but it can also be used to make results look better than they actually are.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

BEIJING, April 07, 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 RMB55.0 million to repurchase 1,180,162 ordinary shares on April 2 and April 6. Year-to-date in 2026, the Company has deployed nearly RMB700 million toward share repurchases. This move underscores the Company's ongoing commitment to shareholder returns.

The Company also announced on March 18, 2026 that for each of the next three years starting from 2026, it will allocate no less than 50% of the Company’s adjusted net income (a non-GAAP financial measure) from the preceding fiscal year for distribution of dividends and share repurchases. The Board may adjust its share repurchase and dividend plan at its discretion based on financial performance, capital requirements, market conditions, and other relevant factors, and will provide timely updates to the Company’s shareholders as appropriate in accordance with applicable laws and regulations.

These initiatives underscore management’s confidence in the Company’s long-term growth and reflect its strong commitment to sharing its growth with shareholders and delivering sustainable value.

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much has BOSS Zhipin (BZ) repurchased in 2026 so far?

Year-to-date in 2026 BOSS Zhipin has repurchased nearly RMB700 million. According to the company, this total includes recent purchases on April 2 and April 6.

What were the details of the April 2026 share repurchases by BZ?

BOSS Zhipin repurchased 1,180,162 ordinary shares using ~RMB55.0 million on April 2 and April 6, 2026. According to the company, these purchases are part of its ongoing buyback program.

What is BOSS Zhipin's dividend and buyback commitment for 2026–2028?

The company committed to allocate at least 50% of adjusted net income from the prior fiscal year to dividends and buybacks for each of the next three years starting 2026. According to the company, this is a multi-year distribution policy.

Will BZ's Board be obligated to follow the 50% distribution policy exactly?

No; the Board may adjust the share repurchase and dividend plan based on performance, capital needs, and market conditions. According to the company, adjustments will be made at the Board’s discretion.

What does tying distributions to adjusted net income mean for BZ shareholders?

Distributions are linked to a non-GAAP adjusted net income measure rather than GAAP net income, which may affect comparability. According to the company, the allocation equals at least 50% of that adjusted figure annually.