Boss Zhipin's Share Buybacks Exceed RMB1.76 Billion Year-to-Date
BZ is trading near its 52-week low of $12.85 (4.7% above the low).
Summary
Kanzhun Ltd (Boss Zhipin) has repurchased over RMB1.76 billion (approximately US$242.7 million) of its shares year-to-date in 2026. This follows the company's decision in March to extend and upsize its share repurchase program to US$400 million through August 2027. The latest figure represents an increase from the RMB1.67 billion reported on June 5th. These aggressive repurchases, especially while the stock trades near its 52-week low, signal strong management confidence and provide significant support for the share price.
At the time of this announcement, BZ was trading at $13.45 on NASDAQ in the Technology sector, with a market capitalization of approximately $6.4B. 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: Reuters.