KANZHUN LIMITED repurchased RMB74 million ordinary shares under its repurchase plan
KANZHUN LIMITED - American Depository Shares (BZ)
Company Research
Source: GlobeNewswire
BEIJING, May 28, 2024 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”), a leading online recruitment platform in China, recently announced that the Company has implemented a repurchase plan and repurchased nearly 1 million ordinary shares with a total value of more than RMB74 million. Earlier last week, the Company announced its unaudited financial results for the quarter ended March 31, 2024. The Company's main operating indicators, such as revenues, total paid enterprise customers and average monthly active users, all reached record highs in the first quarter. Revenues for the first quarter of 2024 were RMB1,703.8 million (US$236.0 million), an increase of 33.4% from RMB1,277.5 million for the same quarter of 2023. This exceeded the Company’s previous expectations. Adjusted net income remained healthy. For the first quarter of 2024, adjusted net income totaled RMB530.7 million (US$73.5 million), an increase of 116.6% from RMB 245.0 million for the same quar
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BZ
News
- Kanzhun Limited (Nasdaq: BZ) Rings The Nasdaq Stock Market Opening Bell [Yahoo! Finance]Yahoo! Finance
- Kanzhun Limited (Nasdaq: BZ) Rings The Nasdaq Stock Market Opening BellGlobeNewswire
- Kanzhun Limited (NASDAQ: BZ) is now covered by analysts at HSBC Holdings plc. They set a "buy" rating and a $30.00 price target on the stock.MarketBeat
- Kanzhun Limited (NASDAQ: BZ) had its price target raised by analysts at UBS Group AG from $22.00 to $23.50. They now have a "neutral" rating on the stock.MarketBeat
- Kanzhun Limited (NASDAQ: BZ) had its price target raised by analysts at JPMorgan Chase & Co. from $23.00 to $24.50. They now have an "overweight" rating on the stock.MarketBeat
BZ
Earnings
- 5/21/24 - Beat
BZ
Sec Filings
- 6/18/24 - Form 6-K
- 6/17/24 - Form 6-K
- 6/14/24 - Form 144
- BZ's page on the SEC website