BOSS Zhipin's Ongoing Share Repurchases Reach Over RMB1.76 Billion in 2026

BOSS Zhipin (Nasdaq: BZ; HK: 2076) used over RMB27.1 million on June 10, 2026 to repurchase 595,600 ordinary shares.

Rhea-AI Summary

BOSS Zhipin (Nasdaq: BZ; HK: 2076) used over RMB27.1 million on June 10, 2026 to repurchase 595,600 ordinary shares. Year-to-date 2026 repurchases exceed RMB1.76 billion.

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

Positive

• RMB27.1 million spent to repurchase 595,600 shares on June 10, 2026
• Over RMB1.76 billion in share repurchases year-to-date in 2026
• Share repurchase authorization increased to up to US$400 million through August 28, 2027
• Plan to allocate at least 50% of adjusted net income to dividends and buybacks each year from 2026

Negative

• None.

Argus Jun 11 session

+3.70% close to close Open Argus

Details

News Market Reaction – BZ

On Jun 11, the day this news came out, BZ closed 3.70% above the previous close.

Data tracked by StockTitan Argus for the Jun 11 session.

Key Figures

Latest repurchase spend: RMB27.1 million Shares repurchased: 595,600 shares YTD 2026 buybacks: RMB1.76 billion +3 more

Latest repurchase spend

RMB27.1 million

Used to repurchase 595,600 ordinary shares on June 10, 2026

Shares repurchased

595,600 shares

Ordinary shares bought on June 10, 2026

YTD 2026 buybacks

RMB1.76 billion

Total share repurchases year-to-date in 2026

Buyback authorization

US$400 million

Maximum under share repurchase program through August 28, 2027

Program term

Through August 28, 2027

Extended term for repurchasing up to US$400M of shares

Capital return policy

≥50% adjusted net income

Allocated annually to dividends and buybacks for three years from 2026

Previous Buybacks Reports

5 past events · Latest: Jun 05

Same Type 5 events

1. Jun 05

   Buyback update

   24h Move

   -1.5%

   Reported YTD 2026 repurchases exceeding RMB1.67 billion under buyback plan.

2. Jun 04

   Buyback update

   24h Move

   +1.0%

   Detailed RMB40.6M spent to repurchase 845,498 shares; YTD over RMB1.63B.

3. Jun 01

   Buyback update

   24h Move

   +3.5%

   Announced nearly RMB1.6B YTD repurchases including May 29 transactions.

4. May 27

   Buyback update

   24h Move

   +0.2%

   Reported over RMB1.48B YTD buybacks with May 26 share repurchases.

5. May 14

   Buyback update

   24h Move

   -2.7%

   Highlighted over RMB183M May buybacks and RMB1.33B YTD spent.

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

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

"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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BEIJING, June 11, 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 RMB27.1 million to repurchase 595,600 ordinary shares on June 10, 2026. With this latest repurchase, the Company has made over RMB1.76 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

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

What did BOSS Zhipin (BZ) announce about share repurchases on June 11, 2026?

BOSS Zhipin announced continued execution of its share repurchase program, including a buyback on June 10, 2026. According to the company, it repurchased 595,600 ordinary shares for over RMB27.1 million as part of an expanded capital return strategy to shareholders.

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

BOSS Zhipin has spent over RMB1.76 billion on share repurchases in 2026 year-to-date. According to the company, this figure includes the June 10, 2026 transaction and reflects its ongoing commitment to using buybacks as a tool to return capital to shareholders.

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

BOSS Zhipin’s Board authorized repurchases of up to US$400 million of shares and ADSs. According to the company, this expanded authorization is effective through August 28, 2027 and supports a multi-year program of buybacks aligned with its expectations for continued business growth.

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

BOSS Zhipin plans to allocate at least 50% of adjusted net income annually from 2026. According to the company, for each of the three years starting 2026, no less than half of the prior year’s adjusted net income will fund dividends and share repurchases.

What does BOSS Zhipin (BZ) share repurchase and dividend plan mean for shareholders?

The plan sets a defined framework for returning cash to BOSS Zhipin shareholders. According to the company, significant buybacks and dividends, funded by at least 50% of adjusted net income, signal management’s confidence while allowing flexibility to adjust based on performance and market conditions.