StockWatch
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Computer Software: Programming, Data Processing
BuybackJun 26, 2026, 07:41 AM

Kanzhun Repurchases 11.84M Shares Pending Cancellation

AI Summary

Kanzhun Ltd. reported ongoing share repurchases for cancellation, totaling 11,844,190 Class A Ordinary Shares between May 27 and June 25, 2026. These shares are yet to be cancelled, with prices ranging from approximately $6.43 to $7.25 per share. The company also noted that 24,027,922 Class A Ordinary Shares are reserved for future issuances under its Share Incentive Plans.

Key Highlights

  • Kanzhun repurchased 11,844,190 Class A Ordinary Shares for cancellation.
  • Repurchases occurred between May 27, 2026, and June 25, 2026.
  • On May 27, 2026, 594,542 shares were repurchased at $6.7262.
  • On June 3, 2026, 845,498 shares were repurchased at $7.0964.
  • On June 25, 2026, 777,884 shares were repurchased at $6.4277.
  • 820,282,861 issued shares (excluding treasury shares) as of June 25, 2026.
  • 24,027,922 Class A Ordinary Shares are reserved for Share Incentive Plans.