BuybackMay 14, 2026, 06:32 AM
BOSS Zhipin Repurchases RMB1.33B YTD; Boosts Program to $400M
AI Summary
BOSS Zhipin announced the continued execution of its share repurchase program, deploying over RMB1.33 billion year-to-date in 2026. The company repurchased RMB17.0 million in shares on May 13, contributing to over RMB183 million in repurchases for the first nine trading days of May. The Board previously increased the program authorization to US$400 million through August 2027 and committed to allocating at least 50% of adjusted net income for dividends and repurchases for the next three years.
Key Highlights
- Kanzhun repurchased RMB17.0 million (338,108 ordinary shares) on May 13, 2026.
- Total repurchases in the first 9 trading days of May exceeded RMB183 million.
- Year-to-date 2026 share repurchases total over RMB1.33 billion.
- Board increased share repurchase authorization to US$400 million through August 28, 2027.
- Company committed to allocating at least 50% of adjusted net income for dividends and repurchases for the next three years, starting 2026.