BuybackJun 30, 2026, 07:26 AM
Kanzhun Repurchases 13.95M Shares; Issues 5,000 from Options
AI Summary
Kanzhun Limited announced significant share repurchase activity, buying back 13,953,500 Class A Ordinary Shares for cancellation between May 27 and June 29, 2026, with prices ranging from USD 6.4277 to USD 7.2478. Concurrently, the company issued 5,000 new Class A Ordinary Shares on June 29, 2026, due to the exercise of share options at USD 1.8 per share. As of June 29, 2026, the total issued shares stood at 820,296,931, with an additional 24,013,852 shares reserved for future issuances under incentive plans.
Key Highlights
- Kanzhun repurchased 13,953,500 Class A Ordinary Shares for cancellation between May 27 and June 29, 2026.
- Repurchase prices ranged from USD 6.4277 to USD 7.2478 per share.
- Issued 5,000 new Class A Ordinary Shares on June 29, 2026, from share option exercises.
- Shares from option exercises were issued at USD 1.8 per share.
- Closing balance of issued shares as of June 29, 2026, was 820,296,931.
- 24,013,852 Class A Ordinary Shares are reserved for future issuances under Share Incentive Plans.
Price Impact
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