BOSS Zhipin (Nasdaq: BZ) reported continued execution of its share repurchase program, spending nearly RMB20 million to buy back 464,814 ordinary shares on June 30, 2026. Total repurchases in 1H2026 exceeded RMB2.06 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 from 2026–2028 to dividends and repurchases, subject to discretionary adjustments.
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Positive
Over RMB2.06 billion in share repurchases completed in 1H2026
Recent buyback of 464,814 shares for nearly RMB20 million on June 30, 2026
Buyback 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 repurchases for three years from 2026
Negative
Board may adjust share repurchase and dividend plan at its discretion based on performance and market conditions
News Market Reaction – BZ
+4.74%
+4.74%Session close to close
In the Jul 1 session, BZ gained 4.74%, reflecting a moderate positive market reaction.
This announcement highlights ongoing buybacks totaling over RMB2.06 billion in 1H 2026 under a US$40...
Analysis
This announcement highlights ongoing buybacks totaling over RMB2.06 billion in 1H 2026 under a US$400 million authorization and a pledge to return at least 50% of adjusted net income, while Board discretion and recent net insider selling remain key risks to monitor.
Key Figures
June 30 buyback spend:near RMB20 millionShares repurchased:464,814 ordinary shares1H 2026 buybacks:over RMB2.06 billion+5 more
8 metrics
June 30 buyback spendnear RMB20 millionRepurchases on June 30, 2026
Shares repurchased464,814 ordinary sharesRepurchases on June 30, 2026
1H 2026 buybacksover RMB2.06 billionTotal share repurchases in 1H 2026
Buyback authorizationup to US$400 millionTotal share repurchase authorization through August 28, 2027
Program termthrough August 28, 2027Extended share repurchase program term
Capital return horizonthree years starting from 2026Period for dividend and buyback allocation plan
Payout commitmentno less than 50% of adjusted net incomeAnnual allocation for dividends and repurchases from preceding year
Repurchase dateJune 30, 2026Date of latest disclosed buyback
Spent over RMB20.3M on Jun 9 for 449,046 shares, YTD buybacks above RMB1.73B.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Recent buyback updates have produced mixed price reactions, netting to roughly flat on average.
Key Terms
share repurchase program, adjusted net income, non-gaap financial measure, american depositary shares
4 terms
share repurchase programfinancial
"announced the continued execution of its share repurchase program, utilizing near"
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 incomefinancial
"allocate no less than 50% of the Company’s adjusted net income (a non-GAAP"
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 measurefinancial
"adjusted net income (a non-GAAP financial measure) of the preceding fiscal"
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.
american depositary sharesfinancial
"authorization under the program to repurchase up to US$400 million of the Company's shares (including ADSs)"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
BEIJING, July 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 near RMB20 million to repurchase 464,814 ordinary shares on June 30, 2026. With this latest repurchase, the Company has made over RMB2.06 billion in share repurchases in first half of 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.
How much stock did BOSS Zhipin (BZ) repurchase on June 30, 2026?
BOSS Zhipin repurchased 464,814 ordinary shares on June 30, 2026 for nearly RMB20 million. According to the company, this transaction forms part of its ongoing share repurchase program to return capital and demonstrate commitment to shareholder value.
What is the total value of BOSS Zhipin (BZ) share repurchases in the first half of 2026?
BOSS Zhipin reports share repurchases of over RMB2.06 billion in the first half of 2026. According to the company, these cumulative buybacks reflect active use of its repurchase authorization and an emphasis on capital return to shareholders during this period.
What is the size and term of BOSS Zhipin (BZ) share repurchase authorization as of March 18, 2026?
The Board authorized repurchases of up to US$400 million of shares and ADSs through August 28, 2027. According to the company, this expanded and extended program signals confidence in its future growth while providing flexibility for ongoing capital return.
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 each year from 2026 to 2028 to dividends and share repurchases. According to the company, this policy links shareholder distributions directly to its non-GAAP earnings performance.
Can BOSS Zhipin (BZ) change its dividend and share repurchase plan in the future?
Yes, the Board may adjust the dividend and repurchase plan at its discretion. According to the company, changes can depend on financial performance, capital needs, market conditions and other factors, with updates provided to shareholders as required by applicable regulations.
