Kanzhun announces US$4.41 million ADS repurchase; cumulative buyback reaches 34.15 million shares

Bulletin Express06-24 18:04

Kanzhun Limited (BOSS ZHIPIN-W) reported that on 23 June 2026 it repurchased 673,766 Class A ordinary shares on the Nasdaq Global Select Market at prices ranging from USD 6.46 to USD 6.75 per share, for a total consideration of USD 4.41 million. The shares will be cancelled.

After the transaction, Kanzhun’s issued share capital remains unchanged at 820.28 million Class A shares. Since the current mandate was approved on 27 June 2025, the company has bought back 34.15 million shares, equivalent to 3.73 % of the issued share count on the mandate date, against an authorised ceiling of 91.61 million shares.

The repurchase triggers a 30-day moratorium on new share issues, sales or transfers of treasury shares, lasting until 23 July 2026.

Kanzhun also confirmed that 24.03 million Class A shares are held by the depositary for future ADS issuance related to employee share incentive plans.

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