Kanzhun Limited (NASDAQ: BZ; HK: 2076) completed a share repurchase on March 26, 2026, buying 506,252 ordinary shares for approximately RMB23.6 million. The transaction brings the company’s year‑to‑date share repurchase total in 2026 to more than RMB500 million, underscoring the firm’s ongoing commitment to returning capital to shareholders.
The repurchase was executed under Kanzhun’s existing share buyback program, which has been expanded to a $400 million authorization. The program includes a policy that at least 50 % of the company’s adjusted net income will be allocated to dividends and share repurchases over the next three years, providing a clear framework for future capital returns.
Kanzhun’s decision to buy back shares follows a strong Q4 2025 earnings report that highlighted 14 % year‑over‑year revenue growth, a 55.7 % increase in net income, and a 40.8 % adjusted operating profit margin for the full year. The company’s robust cash flow and continued investment in AI‑driven recruitment platforms give management confidence that the share repurchase will not compromise growth initiatives while enhancing shareholder value.
Management emphasized that the expanded buyback program and dividend policy reflect confidence in the company’s long‑term growth prospects. "These initiatives underscore the management's confidence in the Company's long‑term growth and reflect its strong commitment to sharing its growth with shareholders, delivering sustainable value and reinforcing its dedication to shareholder returns," the company said.
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