BOSS Zhipin Announces 12,000-Share Option Exercise; 26.70 Million Shares Now Await Cancellation Following Ongoing Buybacks

Bulletin Express06-01

KANZHUN LIMITED (BOSS Zhipin-W) disclosed a marginal expansion of its share base alongside sizeable repurchase activity in its Next Day Disclosure Return filed on 1 June 2026.

A total of 12,000 Class A ordinary shares were issued on 29 May 2026 upon employee option exercises at USD 5.33 per share, increasing the company’s outstanding share count by 0.00124% to 840.50 million shares.

Concurrently, between 20 March and 29 May 2026 the company bought back 26.70 million Class A shares for future cancellation. The repurchased shares equal approximately 3.18% of the current issued share capital and represent 2.91% of the 915.52 million shares outstanding when the existing repurchase mandate was approved on 27 June 2025. The latest daily buyback, executed on 29 May 2026 on the Nasdaq Global Select Market, involved 879,212 shares at prices ranging from USD 6.78 to USD 6.86, for an aggregate consideration of USD 6.00 million.

Following these transactions, BOSS Zhipin’s unutilised capacity under its 91.61 million-share repurchase mandate stands at roughly 64.91 million shares. All repurchased shares are designated for cancellation; none will be held as treasury stock.

As of 29 May 2026, 626,136 Class A ordinary shares remain on deposit for potential future American Depositary Share (ADS) issuances tied to employee equity incentive plans. A 30-day moratorium on new share issues or treasury-share disposals is in effect until 28 June 2026, in line with Hong Kong Stock Exchange regulations.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment