BEIJING, Ju e 26, 2026 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipi ” o the “Compa y”) (Nasdaq: BZ; HK: 2076) today a ou ced the co ti ued executio of its sha e epu chase p og am, utilizi g ea RMB34 millio to epu chase 777,884 o di a y sha es o Ju e 25, 2026. With this latest epu chase, the Compa y has made ove RMB1.99 billio i sha e epu chases yea -to-date i 2026. This effo t u de sco es the Compa y’s o goi g commitme t to delive i g value to sha eholde s.
O Ma ch 18, 2026, the Boa d app oved ame dme ts to the existi g sha e epu chase p og am, i c easi g the total autho izatio u de the p og am to epu chase up to US$400 millio of the Compa y’s sha es (i cludi g ADSs) ove the exte ded te m of the p og am th ough August 28, 2027, i a sig of co fide ce about the Compa y’s co ti ued g owth i the futu e.
The Compa y also a ou ced o Ma ch 18, 2026 that fo each of the th ee yea s sta ti g f om 2026, it will allocate o less tha 50% of the Compa y’s adjusted et i come (a o -GAAP fi a cial measu e) of the p ecedi g fiscal yea fo dist ibutio of divide ds a d sha e epu chases. The Boa d may adjust its sha e epu chase a d divide d pla at its disc etio based o fi a cial pe fo ma ce, capital equi eme ts, ma ket co ditio s, a d othe eleva t facto s, a d will p ovide timely updates to sha eholde s of the Compa y as a d whe app op iate i acco da ce with applicable laws a d egulatio s.
