Skip to main content

We use cookies to understand how you use our site and to improve your experience.

This includes personalizing content and advertising.

By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.

You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.

In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.

OK Cancel

Back to top

Kanzhun Limited Announces Near RMB34 Million Share Repurchase, Bringing 2026 Year-to-Date Buybacks to Over RMB1.99 Billion

KANZHUN LIMITED continues its share repurchase program, spending RMB34 million to buy 777,884 shares on June 25, 2026.

Quiver AI Summary

KANZHUN LIMITED announced the execution of its share repurchase program, repurchasing 777,884 ordinary shares for nearly RMB34 million on June 25, 2026. This brings the total share repurchases for the year to over RMB1.99 billion. The Board has approved amendments to the program, increasing the total authorization to repurchase up to US$400 million of shares through August 28, 2027, highlighting the company's confidence in future growth. Additionally, starting in 2026, the company plans to allocate at least 50% of its adjusted net income each year for dividends and share repurchases, although the Board retains the discretion to adjust plans based on various factors.

Potential Positives

  • Continuation of a substantial share repurchase program, demonstrating financial strength and commitment to returning value to shareholders.
  • Over RMB1.99 billion repurchased year-to-date in 2026, indicating active management of capital and confidence in the company's valuation.
  • Increased total authorization under the share repurchase program to US$400 million, reflecting the Board's confidence in future growth potential.
  • Commitment to allocate no less than 50% of adjusted net income for dividends and share repurchases in the coming years, ensuring ongoing shareholder returns.

Potential Negatives

  • Continued reliance on share repurchases may indicate a lack of profitable growth opportunities, raising concerns about the company's ability to generate sustainable income.
  • The flexibility granted to the Board to adjust share repurchase and dividend plans could lead to uncertainty for investors regarding future returns.

FAQ

What is KANZHUN LIMITED's recent share repurchase activity?

KANZHUN LIMITED repurchased 777,884 shares for nearly RMB34 million on June 25, 2026, continuing its share repurchase program.

How much has KANZHUN LIMITED spent on share repurchases in 2026?

In 2026, KANZHUN LIMITED has spent over RMB1.99 billion on share repurchases year-to-date.

What changes were made to KANZHUN LIMITED's share repurchase program?

The share repurchase program has been increased to authorize up to US$400 million in share repurchases through August 28, 2027.

What is KANZHUN LIMITED's policy on dividends and share repurchases?

The company will allocate at least 50% of its adjusted net income to dividends and share repurchases for the next three years.

How will KANZHUN LIMITED communicate changes to its shareholders?

The Board will provide timely updates regarding share repurchase and dividend plans based on financial performance and market conditions.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


$BZ Insider Trading Activity

BZ Insider Trades

$BZ insiders have traded $BZ stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.

Here’s a breakdown of recent trading of $BZ stock by insiders over the last 6 months:

  • PENG JONATHAN ZHAO (Chief Executive Officer) has made 0 purchases and 2 sales selling 128,000 shares for an estimated $878,668.
  • YANG MU has made 0 purchases and 2 sales selling 17,478 shares for an estimated $116,927.
  • WENBEI WANG (Deputy Chief Financial Officer) has made 0 purchases and 2 sales selling 834 shares for an estimated $5,580.
  • YONGGANG SUN sold 548 shares for an estimated $3,733
  • XIEHUA WANG sold 116 shares for an estimated $777

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$BZ Hedge Fund Activity

We have seen 149 institutional investors add shares of $BZ stock to their portfolio, and 136 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$BZ Price Targets

Multiple analysts have issued price targets for $BZ recently. We have seen 2 analysts offer price targets for $BZ in the last 6 months, with a median target of $18.5.

Here are some recent targets:

  • Robin Zhu from Bernstein set a target price of $18.0 on 06/05/2026
  • Jiong Shao from Barclays set a target price of $19.0 on 03/20/2026

Full Release

BEIJING, June 26, 2026 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HK: 2076) today announced the continued execution of its share repurchase program, utilizing near RMB34 million to repurchase 777,884 ordinary shares on June 25, 2026. With this latest repurchase, the Company has made over RMB1.99 billion in share repurchases year-to-date in 2026. This effort underscores the Company's ongoing commitment to delivering value to shareholders.

On March 18, 2026, the Board approved amendments to the existing share repurchase program, increasing the total authorization under the program to repurchase up to US$400 million of the Company's shares (including ADSs) over the extended term of the program through August 28, 2027, in a sign of confidence about the Company's continued growth in the future.

The Company also announced on March 18, 2026 that for each of the three years starting from 2026, it will allocate no less than 50% of the Company’s adjusted net income (a non-GAAP financial measure) of the preceding fiscal year for distribution of dividends and share repurchases. The Board may adjust its share repurchase and dividend plan at its discretion based on financial performance, capital requirements, market conditions, and other relevant factors, and will provide timely updates to shareholders of the Company as and when appropriate in accordance with applicable laws and regulations. 


 




Read full article here »

                
                        
                
            
 
                                

                        

                    
            
        

        
    






    

        

            

                
In-Depth Zacks Research for the Tickers Above

            

            

                
Normally $25 each - click below to receive one report FREE:

            

            
KANZHUN LIMITED Sponsored ADR (BZ)

        

    






    

        





    
 

    












 






        
    




   

      
            

                Due to inactivity, you will be
signed out in approximately: