BOSS Zhipin (Nasdaq:BZ; HK:2076) continued its share repurchase program, spending over RMB20.3 million to buy 449,046 ordinary shares on June 9, 2026. Year-to-date 2026 repurchases exceed RMB1.73 billion.
The Board raised buyback authorization to US$400 million through August 28, 2027 and plans to distribute at least 50% of adjusted net income via dividends and buybacks for 2026–2028.
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Positive
Over RMB1.73 billion in share repurchases year-to-date in 2026
June 9, 2026 repurchase of 449,046 shares for over RMB20.3 million
Buyback authorization increased to up to US$400 million through August 28, 2027
Plan to distribute at least 50% of adjusted net income as dividends and buybacks for three years from 2026
Negative
Board may adjust share repurchase and dividend plan at its discretion based on financial and market conditions
News Market Reaction – BZ
-1.78%
-1.78%Session close to close
In the Jun 10 session, BZ declined 1.78%, reflecting a mild negative market reaction.
BEIJING, June 10, 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 RMB20.3 million to repurchase 449,046 ordinary shares on June 9, 2026. With this latest repurchase, the Company has made over RMB1.73 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.
What share repurchases did BOSS Zhipin (BZ) report on June 10, 2026?
BOSS Zhipin reported repurchasing 449,046 ordinary shares on June 9, 2026 for over RMB20.3 million. According to the company, this brings total 2026 year-to-date share repurchases to more than RMB1.73 billion under its ongoing buyback program.
How large is BOSS Zhipin's 2026 share repurchase program (BZ)?
BOSS Zhipin’s Board increased its share repurchase authorization to up to US$400 million on March 18, 2026. According to the company, the program, covering shares and ADSs, runs through August 28, 2027 as part of its capital return framework.
What capital return policy did BOSS Zhipin (BZ) announce for 2026 onward?
BOSS Zhipin plans to allocate at least 50% of adjusted net income to dividends and buybacks for each year from 2026 to 2028. According to the company, this percentage is based on the preceding fiscal year’s adjusted net income.
Until when will BOSS Zhipin's share repurchase authorization (BZ) remain in effect?
The enhanced share repurchase authorization is scheduled to run through August 28, 2027. According to the company, the Board approved this extended term on March 18, 2026, covering up to US$400 million of share and ADS repurchases.
Can BOSS Zhipin (BZ) change its dividend and share repurchase plan?
Yes. BOSS Zhipin states its Board may adjust the share repurchase and dividend plan at its discretion. According to the company, changes may depend on financial performance, capital needs, market conditions, and other factors, with updates provided as appropriate.
What does BOSS Zhipin's 2026 share buyback mean for BZ shareholders?
The company is actively returning capital, having spent over RMB1.73 billion on repurchases year-to-date 2026. According to BOSS Zhipin, the expanded US$400 million authorization and 50% adjusted net income allocation policy highlight an ongoing focus on dividends and buybacks.
