Kanzhun Issues 2,200 New Shares; Buyback Reaches 13.20 Million ADSs, 1.57% of Share Capital

Bulletin Express04-22 18:04

Kanzhun Limited (BOSS Zhipin-W) disclosed that 2,200 Class A ordinary shares were issued on 21 April 2026 upon exercise of employee share options at USD 0.50 each. The transaction lifted the company’s outstanding share count to 840.42 million, an immaterial increase of 0.00026%.

Between 20 March and 21 April 2026, the company repurchased 13.20 million Class A shares that are awaiting cancellation, equal to 1.57% of current issued shares. The latest tranche, executed on 21 April on the Nasdaq Global Select Market, involved 579,118 ADSs at prices ranging from USD 6.76 to USD 6.95, costing USD 3.99 million.

Under the shareholder mandate approved on 27 June 2025, Kanzhun is authorised to repurchase up to 91.61 million shares; 14.40% of this quota has now been utilised. A moratorium on new share issues is in place until 21 May 2026 in accordance with Hong Kong Listing Rule 10.06(3).

As of 21 April 2026, 710,836 Class A shares remain on deposit for future American depositary share (ADS) issuances tied to the company’s share‐incentive plans.

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