BOSS Zhipin's Ongoing Share Repurchases Reach Nearly RMB1.6 Billion in 2026

Rhea-AI Summary

BOSS Zhipin (Nasdaq: BZ) reported continued execution of its share repurchase program, spending over RMB40.6 million to buy 879,212 ordinary shares on May 29, 2026. Year-to-date 2026 repurchases total nearly RMB1.6 billion.

The Board has authorized up to US$400 million in buybacks through August 28, 2027 and plans to return at least 50% of adjusted net income annually via dividends and repurchases from 2026, subject to ongoing Board review.

Positive

• Nearly RMB1.6 billion in share repurchases year-to-date in 2026
• Over RMB40.6 million used to buy 879,212 shares on May 29, 2026
• Buyback authorization increased to US$400 million through August 28, 2027
• Plan to return at least 50% of adjusted net income annually from 2026

Negative

• None.

News Market Reaction – BZ

+3.46%

+3.46% Session close to close

In the Jun 1 session, BZ gained 3.46%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement extends BOSS Zhipin’s 2026 buyback story, adding another RMB40.6 million and bring...

Analysis

This announcement extends BOSS Zhipin’s 2026 buyback story, adding another RMB40.6 million and bringing total repurchases to nearly RMB1.6 billion year-to-date under a US$400 million authorization. It reiterates a commitment to return at least 50% of adjusted net income over three years via dividends and repurchases. Investors may track how consistently the company executes this policy and how buybacks interact with earnings, cash levels, and insider activity.

Key Figures

Repurchase on May 29, 2026: RMB40.6 million Shares repurchased: 879,212 shares 2026 YTD repurchases: Nearly RMB1.6 billion +4 more

7 metrics

Repurchase on May 29, 2026 RMB40.6 million Amount used to repurchase shares on May 29, 2026

Shares repurchased 879,212 shares Ordinary shares repurchased on May 29, 2026

2026 YTD repurchases Nearly RMB1.6 billion Total share repurchases year-to-date in 2026

Buyback authorization US$400 million Maximum under share repurchase program through August 28, 2027

Capital return policy ≥50% adjusted net income Portion of prior-year adjusted net income for dividends and buybacks

Policy duration 3 years Each of the three years starting from 2026

Program term end August 28, 2027 Extended term of the share repurchase program

Previous Buybacks Reports

5 past events · Latest: May 27 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 27	Buyback update	Positive	+0.2%	Reported YTD 2026 repurchases exceeding RMB1.48 billion under ongoing program.
May 14	Buyback update	Positive	-2.7%	Detailed RMB17.0M buyback on May 13 and over RMB1.33B YTD repurchases.
May 07	Buyback update	Positive	-0.9%	Outlined RMB17.0M repurchase on May 6 and about RMB1.25B YTD deployed.
Apr 28	Buyback update	Positive	+0.5%	Announced 26 straight days of repurchases, nearing RMB1.07B YTD in 2026.
Apr 24	Buyback update	Positive	+2.2%	Reported RMB27.3M buyback on Apr 23 and YTD repurchases above RMB1B.

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

Pattern Detected

Buyback announcements have produced mixed reactions, with three modest gains and two declines, suggesting no consistent short-term pattern.

Recent Company History

Recent history shows a steady escalation of BOSS Zhipin’s 2026 buybacks, from crossing RMB1 billion in April to nearly RMB1.48 billion by May 27. Each update highlighted continued repurchases in the tens of millions of RMB per trading day and reiterated the expanded US$400 million authorization and policy to return at least 50% of adjusted net income via dividends and buybacks. Today’s news extends that narrative with higher year-to-date repurchase totals.

Key Terms

share repurchase program, adjusted net income, non-GAAP

3 terms

share repurchase program financial

"announced the continued execution of its share repurchase program, utilizing over"

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 measure)"

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

"the Company’s adjusted net income (a non-GAAP financial measure) of the preceding fiscal year"

Non-GAAP refers to financial measures that companies use to show their earnings or performance without including certain expenses or income that are often added back to give a different picture. It matters because it can make a company's results look better or more favorable, but it may also hide important costs, so investors need to look at both GAAP (official rules) and non-GAAP numbers to get a full understanding.

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

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BEIJING, June 01, 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 RMB40.6 million to repurchase 879,212 ordinary shares on May 29, 2026. With this latest repurchase, the Company has made nearly RMB1.6 billion in share repurchases year-to-date in 2026. This effort underscores the Company's ongoing commitment to delivering value to shareholders.

On March 18, 2026, the Board approved amendments to the existing share repurchase program, increasing the total authorization under the program to repurchase up to US$400 million of the Company's shares (including ADSs) over the extended term of the program through August 28, 2027, in a sign of confidence about the Company's continued growth in the future.

The Company also announced on March 18, 2026 that for each of the three years starting from 2026, it will allocate no less than 50% of the Company’s adjusted net income (a non-GAAP financial measure) of 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 shareholders of the Company as and when appropriate in accordance with applicable laws and regulations.

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

FAQ

What did BOSS Zhipin (NASDAQ: BZ) announce about its share repurchases on June 1, 2026?

BOSS Zhipin announced ongoing execution of its share repurchase program, including buying 879,212 shares for over RMB40.6 million on May 29, 2026. According to BOSS Zhipin, this brings total 2026 repurchases to nearly RMB1.6 billion, highlighting continued capital returns to shareholders.

How much has BOSS Zhipin (BZ) spent on share repurchases in 2026 year-to-date?

BOSS Zhipin has repurchased nearly RMB1.6 billion of shares year-to-date in 2026. According to the company, this figure includes more than RMB40.6 million used on May 29, 2026 to buy 879,212 ordinary shares under its ongoing buyback program.

What are the key details of BOSS Zhipin's US$400 million share repurchase authorization (BZ)?

BOSS Zhipin’s Board increased its share repurchase authorization to up to US$400 million through August 28, 2027. According to the company, the program covers both shares and ADSs and reflects confidence in its future growth while providing flexibility in capital management.

How will BOSS Zhipin (BZ) use adjusted net income for dividends and buybacks from 2026?

From 2026, BOSS Zhipin plans to allocate at least 50% of adjusted net income annually to dividends and share repurchases. According to the company, this policy will apply for three years, based on the preceding year’s adjusted net income.

Can BOSS Zhipin change its dividend and share repurchase plan for BZ shareholders?

Yes. BOSS Zhipin’s Board may adjust its dividend and share repurchase plan at its discretion. According to the company, changes can reflect financial performance, capital needs, market conditions, and other factors, with updates provided to shareholders in line with applicable regulations.

What does BOSS Zhipin's 2026 share repurchase activity imply for BZ investors?

BOSS Zhipin’s 2026 repurchases of nearly RMB1.6 billion signal active capital return to shareholders. According to the company, the expanded US$400 million authorization and 50% adjusted net income allocation policy indicate a structured approach to buybacks and potential dividends, subject to Board review.