Kanzhun (BOSS Zhipin) Adds 5,000 New Shares; 12.15 Million Shares Await Cancellation After Recent Buybacks

Bulletin Express06-30

Hong Kong-listed Kanzhun Limited (BOSS Zhipin-W, 02076) disclosed a marginal equity issuance and a sizeable series of share repurchases in its Next Day Disclosure Return filed on 30 June 2026.

New share issue • On 29 June 2026, the company issued 5,000 Class A ordinary shares upon the exercise of employee share options granted under its share scheme. • Issue price: USD 1.80 per share, implying proceeds of roughly USD 0.01 million. • Dilution impact: 0.00053 % of the pre-issue share base. • Post-issue outstanding shares: 820.30 million (Class A, excluding treasury shares).

Ongoing share buy-backs (pending cancellation) • Between 27 May and 29 June 2026, Kanzhun repurchased 21 tranches of Class A shares on the Nasdaq Global Select Market, all designated for cancellation but not yet retired. • Aggregate shares pending cancellation: 12.15 million, equal to about 1.48 % of the 820.29 million shares outstanding on 26 June 2026. • Purchase prices ranged from USD 6.44 to USD 7.25 per share. • Based on disclosed volume-weighted prices, the cumulative cash outlay for these buybacks totals approximately USD 82.48 million. • The latest tranche (29 June 2026) involved 921,882 shares bought at USD 6.465–6.75, costing USD 5.99 million.

Repurchase mandate status • A fresh shareholder mandate dated 25 June 2026 authorises repurchases of up to 93.34 million shares. • Since that date, 1.89 million shares (0.20 % of the share base at mandate date) have been bought back, leaving capacity for roughly 91.45 million additional shares. • In line with Hong Kong Listing Rules, Kanzhun is subject to a 30-day moratorium on new share issues or treasury-share sales until 29 July 2026.

Share reserve for future incentives • Following the 29 June issuance, 24.01 million Class A shares remain on deposit for future American Depositary Share (ADS) issuance linked to the company’s share incentive plans.

The board confirms all issuances and repurchases complied with Hong Kong Stock Exchange requirements and relevant regulations.

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