Kanzhun Limited completed a share repurchase of 1,180,162 ordinary shares on April 2 and April 6, 2026, spending roughly RMB 48.5‑48.7 million. The transaction brings the company’s year‑to‑date buyback total to nearly RMB 700 million, a substantial portion of its cash reserves.
The repurchase is part of a broader capital‑allocation strategy announced on March 18, 2026, under which Kanzhun will allocate at least 50 % of its adjusted net income to dividends and share repurchases for the next three years. Deputy Chief Financial Officer Wenbei Wang said the company “continues to increase shareholder returns, planning to allocate no less than 50 % of the previous year’s adjusted net income annually to share buybacks and dividends over the next three years starting from 2026, while raising the buyback limit to US$400 million.” CEO Peng Zhao added that the company’s “steady and high‑quality growth” and expanding AI capabilities underpin its confidence in sustaining cash flow.
Kanzhun’s strong financial position supports the buyback. As of December 31, 2025, the company held RMB 19,945.3 million in cash, giving it ample liquidity to fund both growth initiatives—particularly AI‑driven recruitment services—and shareholder returns.
The share repurchase signals disciplined capital allocation and reinforces management’s confidence in the company’s cash‑flow generation. By returning capital to shareholders while maintaining a robust cash balance, Kanzhun balances short‑term shareholder rewards with long‑term investment in AI and market expansion.
The buyback aligns with the company’s commitment to a high‑return policy and reflects confidence in its financial health and growth prospects, providing shareholders with a tangible return while supporting ongoing strategic initiatives.
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