Kanzhun Limited (Nasdaq: BZ) adds 137,346 shares to post-IPO award pool
Rhea-AI Filing Summary
Kanzhun Limited filed a report describing a small on-market share purchase under its post-IPO share scheme. On January 26, 2026, the scheme trustee bought 137,346 Class A ordinary shares (in the form of 68,673 American Depositary Shares) on the open market, funded by the Company’s internal resources. These shares represent approximately 0.01% of Kanzhun’s issued and outstanding shares as of that date and are held on trust for eligible participants in the scheme.
After this transaction, the trustee held a total of 32,608,170 Class A ordinary shares for the share scheme. The board retains full discretion to decide how many shares will ultimately be awarded to eligible participants over time.
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FAQ
What did Kanzhun Limited (BZ) disclose in this 6-K filing?
Kanzhun Limited disclosed that the trustee of its post-IPO share scheme purchased 137,346 Class A ordinary shares on the open market on January 26, 2026, to be held on trust for eligible participants.
How large was Kanzhun Limited’s January 26, 2026 share purchase relative to total shares?
The purchase of 137,346 Class A ordinary shares represented approximately 0.01% of Kanzhun Limited’s issued and outstanding shares as of January 26, 2026.
What price did Kanzhun Limited pay per share in the post-IPO scheme purchase?
The average consideration, excluding related expenses, was US$9.50 per Class A ordinary share purchased under the post-IPO share scheme.
How many Kanzhun Limited shares does the scheme trustee hold after this transaction?
Immediately after the January 26, 2026 purchase, the trustee held a balance of 32,608,170 Class A ordinary shares for the post-IPO share scheme.
How was Kanzhun Limited’s share purchase under the scheme funded?
The on-market purchase of 137,346 Class A ordinary shares on January 26, 2026 was funded by Kanzhun Limited’s internal resources.
Who will benefit from Kanzhun Limited’s post-IPO share scheme purchases?
The shares acquired and held by the trustee are for Eligible Participants under the post-IPO share scheme, with the Company determining at its absolute discretion how many shares to award.