BOSS Zhipin’s Continued Share Repurchases Reach Nearly RMB1.6 Billion in 2026

(SeaPRwire) –   BEIJING, June 01, 2026 — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HK: 2076) today reported the continuation of its share repurchase initiative, having spent over RMB40.6 million to acquire 879,212 ordinary shares on May 29, 2026. This latest transaction brings the Company’s year-to-date share repurchases in 2026 to nearly RMB1.6 billion. This action highlights the Company’s sustained dedication to enhancing shareholder value.

On March 18, 2026, the Board of Directors approved modifications to the existing share repurchase program, raising the total authorized amount for repurchasing up to US$400 million of the Company’s shares (including ADSs). This extended program runs through August 28, 2027, reflecting optimism regarding the Company’s future growth trajectory.

The Company also announced on March 18, 2026, that for each of the three years commencing in 2026, it intends to allocate a minimum of 50% of the Company’s adjusted net income (a non-GAAP financial measure) from the preceding fiscal year towards dividend distributions and share repurchases. The Board reserves the right to modify its share repurchase and dividend plans at its discretion, considering factors such as financial performance, capital needs, market conditions, and other relevant considerations. The Company will provide timely updates to its shareholders as appropriate, in compliance with applicable laws and regulations.

CONTACT: CONTACT:
PIACENTE FINANCIAL COMMUNICATIONS
kanzhun@tpg-ir.com