Kanzhun Limited (BOSS Zhipin) completed a share‑repurchase program on February 9 and 10, 2026, buying back 650,180 ordinary shares for a total cost of just over RMB 40 million. The transaction brings the company’s cumulative buyback spending in 2026 to nearly RMB 260 million, representing about 0.07 % of its issued and outstanding shares as of February 10.
The buyback is part of a program that was initially authorized for up to USD 150 million on August 29, 2024, and was later upsized to USD 250 million through August 28, 2026. The program remains active until the end of August, giving Kanzhun flexibility to return capital to shareholders as it sees fit.
Kanzhun’s recent financial performance underpins the confidence behind the buyback. In Q4 2024, revenue rose 15.4 % year‑over‑year to RMB X, and net income climbed 34.1 %. Monthly active users grew 27.9 % YoY, reflecting strong demand for its AI‑driven recruitment platform. The company’s management has repeatedly emphasized a “user‑first” philosophy and a commitment to shareholder returns, positioning the buyback as a tangible expression of that strategy.
The share repurchase program is distinct from the trustee’s purchases for the post‑IPO share scheme, which involve separate allocations for employee incentives. By contrast, Kanzhun’s buyback directly reduces the share count and can support the share price, reinforcing the company’s long‑term value proposition.
Analysts have noted the program’s scale relative to Kanzhun’s market position, and the company’s strong consensus ratings suggest that the buyback is viewed as a prudent use of excess cash in a competitive online‑recruitment market.
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