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Stock impact report

KANZHUN LIMITED Continues Share Repurchase Program, Buying Back RMB1.4 Billion Worth of Ordinary Shares

KANZHUN LIMITED - American Depository Shares (BZ) 
Company Research Source: GlobeNewswire
BEIJING, Nov. 29, 2024 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”), a leading online recruitment platform in China, today announced that it has repurchased more than 6.2 million ordinary shares in November, valued at more than RMB300 million. Year-to-date, the Company has bought back approximately 28.2 million ordinary shares, amounting to more than RMB1.4 billion (USD200 million), representing 3% of total share capital. The Company announced a new share repurchase program effective from August 29, 2024 for a 12-month period, under which the Company may additionally repurchase up to USD150 million of its shares (including in the form of American depositary shares). This new share repurchase program operates in conjunction with the existing share repurchase program that became effective on March 20, 2024, also for a 12-month period, under which the Company may repurchase up to USD200 million of its shares (including in the form of ADSs). As of today, the Co Show less Read more
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