BuybackJun 5, 2026, 07:06 AM
Kanzhun Ltd. Repurchases 27.8M Shares; Issues 2,000 from ESOP
AI Summary
Kanzhun Ltd. reported significant share repurchase activity, buying back approximately 27.8 million Class A ordinary shares for cancellation between March 20 and May 28, 2026, at prices ranging from USD 6.5773 to USD 7.3841 per share. Concurrently, the company issued 2,000 new Class A ordinary shares on June 4, 2026, due to the exercise of share options at USD 5.33 per share. As a result, the total number of issued shares stood at 840,577,601 as of June 4, 2026.
Key Highlights
- Kanzhun Ltd. repurchased 27,800,000 Class A ordinary shares for cancellation.
- Share repurchases occurred between March 20 and May 28, 2026.
- Repurchase prices ranged from USD 6.5773 to USD 7.3841 per share.
- Issued 2,000 new Class A ordinary shares on June 4, 2026.
- Shares issued from option exercise at USD 5.33 per share.
- Total issued shares reached 840,577,601 as of June 4, 2026.
Price Impact
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