BOSS Zhipin's Share Buybacks Exceed RMB1.67 Billion YTD, Utilizing Over Half of $400M Program
BZ is trading near its 52-week low of $12.85 (8.5% above the low).
Summary
Kanzhun Ltd (BOSS Zhipin) has repurchased over RMB1.67 billion (approximately US$230 million) of its shares year-to-date in 2026, including RMB40.6 million on June 4. This update follows the company's announcement in March of an extended US$400 million share repurchase program through August 2027. The aggressive execution means Kanzhun has already utilized over half of the authorized program in just a few months, signaling strong management confidence and providing a direct return of capital to shareholders.
At the time of this announcement, BZ was trading at $13.94 on NASDAQ in the Technology sector, with a market capitalization of approximately $6.7B. The 52-week trading range was $12.85 to $25.26. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.