BuybackJun 22, 2026, 06:11 AM
Kanzhun Repurchases 9.35M Shares for Cancellation; Issues 407K Shares
AI Summary
Kanzhun Limited announced significant share capital changes, including the repurchase of 9,349,716 Class A Ordinary Shares for cancellation between May 27 and June 18, 2026, at an average price of approximately $6.85 per share. Concurrently, the company issued 407,484 new Class A Ordinary Shares on June 18, 2026, resulting from the vesting of restricted share units. As of June 18, 2026, the total number of issued shares stood at 820,278,861, with an additional 24,031,922 shares reserved for future issuances under incentive plans.
Key Highlights
- Kanzhun repurchased 9,349,716 Class A Ordinary Shares for cancellation.
- Shares were repurchased between May 27 and June 18, 2026.
- The volume-weighted average repurchase price was approximately $6.85 per share.
- Kanzhun issued 407,484 new Class A Ordinary Shares on June 18, 2026.
- New shares were issued due to the vesting and settlement of restricted share units.
- Total issued shares increased to 820,278,861 as of June 18, 2026.
- 24,031,922 Class A Ordinary Shares remain reserved for future issuances under Share Incentive Plans.
Price Impact
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