Kanzhun Expands Share Buyback to 19.74 Million Shares While Keeping Outstanding Stock at 840.42 Million

Bulletin Express05-08

KANZHUN LIMITED (BOSS Zhipin-W) reported no change in its issued share capital on 7 May 2026, leaving the outstanding Class A ordinary share count unchanged at 840.42 million. The company continues to operate under a weighted voting rights (WVR) structure.

Since 20 March 2026, Kanzhun has repurchased 19.74 million Class A shares for cancellation—equivalent to 2.16 % of the shares outstanding when the current mandate was approved on 27 June 2025. The cumulative purchases were executed on the Nasdaq Global Select Market at prices ranging between USD 6.56 and USD 7.25 per share.

The most recent transaction, completed on 7 May 2026, involved 347,772 shares at prices between USD 7.12 and USD 7.25, for a total consideration of USD 2.50 million.

Under its existing mandate, Kanzhun is authorised to repurchase up to 91.61 million shares. To date, 19.74 million shares, or 21.55 % of the authorised limit, have been bought back, leaving ample headroom for further activity. The company is restricted from issuing new shares or selling treasury shares until 6 June 2026, in line with Hong Kong Stock Exchange rules.

All repurchased shares remain pending cancellation; once cancelled, the share count will be reduced accordingly. Separately, 704,636 Class A shares are held by the depositary for potential future issuance upon the exercise or vesting of awards under the company’s share-based incentive plans.

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