BOSS Zhipin's Share Buybacks Top RMB1.99 Billion Year-to-Date, Nearing $400M Program Limit
BZ is trading near its 52-week low of $12.611 (1.4% above the low).
Summary
Kanzhun Ltd (BOSS Zhipin) has repurchased over RMB1.99 billion (approximately $274 million USD) of its shares year-to-date in 2026, including RMB34 million on June 25. This follows the company's authorization of a $400 million share repurchase program on April 29, and a series of recent 6-K filings detailing ongoing buyback activity. The company has now utilized over 68% of its $400 million buyback program, demonstrating a strong commitment to returning capital to shareholders, especially with the stock trading near its 52-week low.
At the time of this announcement, BZ was trading at $12.79 on NASDAQ in the Technology sector, with a market capitalization of approximately $6.2B. The 52-week trading range was $12.61 to $25.26. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.