Kanzhun Limited, operating as BOSS Zhipin, has executed share repurchases totaling over RMB1.99 billion year-to-date in 2026, demonstrating its commitment to delivering shareholder value. The company utilized RMB34 million to repurchase 777,884 ordinary shares on June 25, 2026. This continued activity follows a March 18, 2026 decision by the Board to amend the existing share repurchase program.

Repurchase Authorization and Dividend Policy

On March 18, 2026, the Board approved amendments increasing the total authorization under the repurchase program to US$400 million. This authorization includes the repurchase of the company's shares and American Depositary Shares (ADSs) over an extended term through August 28, 2027. The decision reflects confidence in the company's continued growth.

Simultaneously, the company announced a capital allocation policy effective for the three years starting from 2026. Under this policy, Kanzhun Limited will allocate no less than 50% of its adjusted net income for the distribution of dividends and share repurchases. Adjusted net income is a non-GAAP financial measure based on the preceding fiscal year's performance.

Key Repurchase Details

The following table outlines the recent repurchase activity and program parameters:

The Board retains discretion to adjust the share repurchase and dividend plan based on financial performance, capital requirements, and market conditions. The company commits to providing timely updates to shareholders in accordance with applicable laws and regulations.

KANZHUN LIMITED adopted all proposed resolutions at its annual general meeting held in Beijing on June 25, 2026. The company, which operates the leading online recruitment platform BOSS Zhipin in China, secured shareholder approval for corporate authorizations including the re-election of directors and share mandates.

The resolutions passed include the re-election of Mr. Peng Zhao, Mr. Tao Zhang, and Ms. Yang Mu as executive directors. Mr. Yan Li was re-elected as an independent non-executive director. These appointments are effective immediately following the meeting.

Shareholders also granted the board a general unconditional mandate to allot, issue, and deal with additional Class A ordinary shares. This mandate includes the sale and transfer of treasury shares. A separate general unconditional mandate to purchase the company’s own shares and/or American Depositary Shares (ADSs) was also approved.

The company approved amendments to its current memorandum and articles of association by way of special resolution. This includes the adoption of the sixteenth amended and restated memorandum and articles of association. The specific terms and periods for the share mandates are detailed in the notice of the AGM dated May 20, 2026.

KANZHUN LIMITED connects job seekers and enterprise users through its mobile app, focusing on intelligent recommendations and two-way communication. The platform leverages network effects to drive recruitment efficiency and expansion.