BOSS Zhipin (Nasdaq:BZ; HK:2076) reported continued execution of its share repurchase program, spending about RMB17.0 million to buy 338,108 ordinary shares on May 13, 2026. Repurchases in the first nine May trading days exceeded RMB183 million, with over RMB1.33 billion deployed year-to-date.
The Board raised total buyback authorization to US$400 million through August 28, 2027, and plans to allocate at least 50% of adjusted net income each year from 2026 to dividends and repurchases, subject to ongoing Board review.
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Positive
Repurchases of over RMB183 million in May 2026 across nine trading days
Year-to-date 2026 buybacks exceed RMB1.33 billion
Buyback authorization increased to US$400 million through August 28, 2027
Commitment to return at least 50% of adjusted net income via dividends and buybacks from 2026
Negative
None.
News Market Reaction – BZ
-2.71%
-2.71%Session close to close
In the May 14 session, BZ declined 2.71%, reflecting a moderate negative market reaction.
This announcement details continued execution of BOSS Zhipin’s repurchase program, including over RM...
Analysis
This announcement details continued execution of BOSS Zhipin’s repurchase program, including over RMB183 million bought in early May and more than RMB1.33 billion year-to-date, under a total authorization of up to US$400 million. Historically, similar buyback updates produced modest share reactions. Investors may watch how consistently the company applies its policy to allocate at least 50% of adjusted net income to dividends and repurchases over the next three years.
Key Figures
Repurchase on May 13:RMB17.0 millionShares repurchased May 13:338,108 ordinary sharesConsecutive trading days:9 trading days+5 more
8 metrics
Repurchase on May 13RMB17.0 millionAmount used to repurchase shares on May 13, 2026
Shares repurchased May 13338,108 ordinary sharesRepurchased under program on May 13, 2026
Consecutive trading days9 trading daysRepurchases made on first 9 consecutive trading days in May 2026
Repurchases in May 2026Over RMB183 millionTotal buybacks during first 9 trading days of May 2026
Highlighted RMB27.2M repurchase and nearly RMB958M spent YTD on buybacks.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Recent buyback announcements often saw mixed reactions, with 3 of the last 5 same-tag events trading down despite positive capital return messaging.
Recent Company History
Over recent weeks, KANZHUN has repeatedly highlighted its 2026 share repurchase activity, with multiple buyback updates through April–May 2026 and year-to-date deployment crossing key RMB milestones. Price reactions to these buyback releases have been modest, often slightly negative or flat, though one late-April update saw a gain of 2.18%. Today’s news extends that same 2026 buyback narrative, adding larger cumulative figures and continuity in capital-return communication.
Key Terms
share repurchase program, ads, adjusted net income
3 terms
share repurchase programfinancial
"announced the continued execution of its share repurchase program, utilizing around"
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.
adsfinancial
"authorization under the program to repurchase up to US$400 million of the Company's shares (including ADSs)"
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
adjusted net incomefinancial
"it will 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.
BEIJING, May 14, 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 RMB17.0 million to repurchase 338,108 ordinary shares on May 13, 2026. With this latest repurchase, the Company has made repurchases on the first 9 consecutive trading days in May totaling over RMB183 million, and has deployed over RMB1.33 billion toward 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 Mar 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) of the preceding fiscal year for distribution of dividend 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 update to shareholders of the Company as and when appropriate in accordance with applicable laws and regulations.
How much did BOSS Zhipin (BZ) spend on share repurchases on May 13, 2026?
BOSS Zhipin spent about RMB17.0 million repurchasing 338,108 ordinary shares on May 13, 2026. According to the company, this is part of its ongoing execution of the Board-approved share repurchase program in 2026.
What is the total value of BOSS Zhipin (BZ) share buybacks in May 2026 so far?
BOSS Zhipin has repurchased shares totaling over RMB183 million during the first nine consecutive trading days of May 2026. According to the company, these transactions reflect continued use of its expanded share repurchase authorization.
How much has BOSS Zhipin (BZ) deployed on share repurchases year-to-date in 2026?
Year-to-date in 2026, BOSS Zhipin has deployed over RMB1.33 billion on share repurchases. According to the company, these cumulative buybacks are part of a broader capital return plan combining dividends and repurchases over several years.
What is the size and duration of BOSS Zhipin (BZ) share repurchase authorization?
BOSS Zhipin’s Board increased total share repurchase authorization to US$400 million, extendable through August 28, 2027. According to the company, this authorization covers repurchases of both ordinary shares and ADSs over the program’s extended term.
How will BOSS Zhipin (BZ) allocate adjusted net income between dividends and buybacks?
For each year starting from 2026, BOSS Zhipin plans to allocate at least 50% of adjusted net income from the prior fiscal year to dividends and share repurchases. According to the company, the Board may adjust this plan based on financial and market conditions.
