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Kanzhun (Nasdaq: BZ) funds on-market share purchases for post-IPO plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

KANZHUN LIMITED reports that the trustee of its Post-IPO Share Scheme purchased 329,530 Class A ordinary shares on the open market on February 11, 2026. This represents approximately 0.03% of the Company’s issued and outstanding shares as of that date.

The average consideration was US$9.08 per Class A ordinary share, funded by the Company’s internal resources for the benefit of eligible participants in the scheme. After this transaction, the trustee held 36,209,460 Class A ordinary shares to satisfy future awards.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of February 2026

 

 

 

Commission File Number: 001-40460

 

 

 

KANZHUN LIMITED

 

21/F, GrandyVic Building,

Taiyanggong Middle Road

Chaoyang District, Beijing 100020

People’s Republic of China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F    x     Form 40-F    ¨

 

 

 

 

 

 

Exhibit Index

 

Exhibit No.   Description
99.1   Announcement—Purchase of Shares on Market Pursuant to Post-IPO Share Scheme

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  KANZHUN LIMITED
       
  By     :

/s/ Peng Zhao

  Name : Peng Zhao
  Title : Director and Chief Executive Officer

 

Date: February 12, 2026

 

 

 

 

Exhibit 99.1

 

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

 

KANZHUN LIMITED

看 準 科 技 有 限 公 司

(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)

(Stock Code: 2076)

(Nasdaq Stock Ticker: BZ)

 

VOLUNTARY ANNOUNCEMENT

PURCHASE OF SHARES ON MARKET

PURSUANT TO POST-IPO SHARE SCHEME

 

Reference is made to the Post-IPO Share Scheme (the “Scheme”) of KANZHUN LIMITED (the “Company”) conditionally approved and adopted on December 14, 2022, which took effect upon the listing of the class A ordinary shares of the Company (the “Class A Ordinary Shares”) on the Main Board of The Stock Exchange of Hong Kong Limited on December 22, 2022. The trustee of the Scheme (the “Trustee”) had purchased a total of 329,530 Class A Ordinary Shares (in the form of 164,765 American Depository Shares) from the open market to hold on trust for the Eligible Participants (as defined in the Scheme) on February 11, 2026, pursuant to the terms and conditions of the Scheme, funded by the Company’s internal resources. Details of the Class A Ordinary Shares purchased and held by the Trustee on trust are as follows:

 

Date of purchase:   February 11, 2026
     
Total number of Class A Ordinary Shares purchased:   329,530
     
Percentage of the Class A Ordinary Shares purchased to the total number of issued and outstanding shares of the Company as at February 11, 2026:   Approximately 0.03%
     
Average consideration (excluding all the relevant expenses) per Class A Ordinary Share purchased:   US$9.08
     
Balance of Class A Ordinary Shares held by the Trustee immediately after the purchase:   36,209,460

 

1 

 

 

The Company will from time to time review and determine at its absolute discretion such number of Class A Ordinary Shares to be awarded to the Eligible Participants as it may deem appropriate.

 

  By Order of the Board
  KANZHUN LIMITED
  Mr. Peng Zhao
  Founder, Chairman and Chief Executive Officer

 

Hong Kong, February 12, 2026

 

As of the date of this announcement, the board of directors of the Company comprises Mr. Peng Zhao, Mr. Xu Chen, Mr. Tao Zhang, Ms. Xiehua Wang and Ms. Yang Mu as the executive directors, Mr. Haiyang Yu as the non-executive director, Mr. Yonggang Sun, Mr. Yan Li and Ms. Hongyu Liu as the independent non-executive directors.

 

2 

 

FAQ

What did Kanzhun Limited (BZ) announce about its share purchases?

Kanzhun Limited announced that the trustee of its Post-IPO Share Scheme bought 329,530 Class A ordinary shares on the open market. The shares are held on trust for eligible participants under the scheme and were funded entirely using the company’s internal resources.

How significant is Kanzhun Limited’s (BZ) latest share purchase?

The trustee bought 329,530 Class A ordinary shares, equal to approximately 0.03% of Kanzhun Limited’s issued and outstanding shares on February 11, 2026. This indicates a relatively small transaction size in percentage terms, mainly aimed at supporting the existing post-IPO share incentive scheme.

What price did Kanzhun Limited (BZ) pay for the purchased shares?

The average consideration paid per Class A ordinary share was US$9.08, excluding related expenses. This price reflects the cost of acquiring shares on the open market for the Post-IPO Share Scheme, which will be used to provide equity-based awards to eligible participants.

How many Kanzhun Limited (BZ) shares does the scheme trustee now hold?

Following the February 11, 2026 purchase, the trustee held 36,209,460 Class A ordinary shares. These shares are reserved within the Post-IPO Share Scheme structure and will be allocated over time to eligible participants as the company determines appropriate award levels.

What is Kanzhun Limited’s (BZ) Post-IPO Share Scheme?

The Post-IPO Share Scheme is an equity incentive plan conditionally approved on December 14, 2022, effective upon the Hong Kong listing on December 22, 2022. It allows Kanzhun Limited to grant share-based awards to eligible participants through shares held by an independent trustee.

How will Kanzhun Limited (BZ) decide future share awards under the scheme?

Kanzhun Limited stated it will review and determine the number of Class A ordinary shares to be awarded to eligible participants from time to time at its absolute discretion. This gives the board flexibility in aligning equity incentives with company objectives and participant performance.

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Kanzhun Ltd

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