KANZHUN LIMITED (BOSS ZHIPIN-W) has released a Next Day Disclosure Return detailing marginal share issuance and an intensified share-repurchase programme up to 24 June 2026.
Share issuance • On 24 June 2026, 4,000 Class A ordinary shares were issued upon exercise of employee share options at USD 5.33 per share. • The new shares represent 0.00042 % of the pre-event issued share capital, lifting the total outstanding shares to 820.28 million.
Aggressive buybacks for cancellation • Between 27 May and 24 June 2026, the company repurchased 18 tranches of Class A shares on the Nasdaq Global Select Market, all pending cancellation. • Cumulative volume: 10.27 million shares, equivalent to 1.25 % of the 820.28 million shares outstanding as at 24 June. • Price range: USD 6.51–7.25 per share; indicative daily transactions cluster around USD 3–6 million each. • The most recent purchase on 24 June totalled 453,194 shares at an average USD 6.62, costing USD 3.00 million.
Repurchase capacity • Current mandate (approved 27 June 2025) allows repurchase of up to 91.61 million shares. • To date, 34.60 million shares—approximately 3.78 % of the shares outstanding at mandate date—have been bought back, leaving roughly 57 million shares (or 62 % of the limit) still available. • In line with Hong Kong listing rules, KANZHUN faces a 30-day moratorium on new share issues or treasury share disposals until 24 July 2026 following the latest buyback.
Equity incentive pool • Post-issuance, 24.03 million Class A shares remain on deposit for future American Depositary Shares (ADS) creation tied to employee share incentive plans.
Capital structure snapshot (as of 24 June 2026) • Issued Class A shares (excluding treasury): 820.28 million • Treasury shares: nil (repurchased shares await cancellation)
The disclosure underscores KANZHUN’s continued utilisation of its repurchase mandate to reduce share count, while fresh equity issuance remains minimal and principally tied to employee incentives.
Comments