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BOSS Zhipin Continues Share Repurchases: More than RMB340M in 2026 Under Buyback Program

MWN-AI** Summary

KANZHUN LIMITED, known as BOSS Zhipin, a prominent player in the online recruitment industry, has recently reaffirmed its commitment to enhancing shareholder value through its ongoing share repurchase program. On February 20, 2026, the company announced it spent nearly RMB 25 million to acquire 410,642 ordinary shares on February 17 and 18. This latest repurchase activity brings the total amount invested in buybacks for the year to exceed RMB 340 million.

BOSS Zhipin’s initiative to repurchase shares reflects its confidence in the company’s long-term prospects and aims to bolster shareholder returns amid market fluctuations. The company has been granted authorization under its existing buyback program to repurchase up to USD 250 million worth of shares, with the program active until the end of August 2026. This strategic decision symbolizes the management’s intent to utilize available capital effectively to support stock prices and optimize the capital structure.

As a leading recruitment platform, BOSS Zhipin is at the forefront of connecting job seekers with employers in China, leveraging technology to enhance the recruitment process. The growing confidence reflected in the repurchase program indicates the management's positive outlook on the company’s future performance and growth potential in a competitive market landscape.

Overall, BOSS Zhipin's aggressive approach to share repurchases reflects a strong commitment to returning capital to shareholders and reinforces investor confidence in the company’s operational effectiveness and growth trajectory as it navigates future challenges and opportunities in the employment sector.

MWN-AI** Analysis

BOSS Zhipin's recent announcement concerning its aggressive share repurchase program signals strong bullish sentiment from the company’s management, aimed at enhancing shareholder value. As of February 20, 2026, the company has committed over RMB 340 million to buy back shares, reinforcing its intention to return capital to shareholders in a volatile market.

The repurchase of 410,642 ordinary shares utilizing RMB 25 million on February 17 and 18 showcases a proactive approach to managing its equity structure, especially at a time when market conditions can be challenging. By diminishing the number of outstanding shares, BOSS Zhipin is effectively increasing the earnings per share (EPS), which can attract further investment and bolster the stock price in the long run.

With a remaining authorization of up to USD 250 million for further buybacks, the company has ample room to continue its repurchase strategy until the program's expiration in August 2026. This level of commitment not only conveys management's confidence in BOSS Zhipin's underlying business fundamentals but also serves as a strategic countermeasure against downward price pressures within the market.

Investment holders should view this repurchase program as a supportive factor in the stock's performance, with the added incentive of potential upward momentum as fewer shares dilute future earnings. However, investors should also consider the overall economic landscape and sector-specific challenges that might affect BOSS Zhipin's operational performance.

In summary, BOSS Zhipin's aggressive share repurchase strategy suggests an optimistic outlook from management and positions the company favorably for continued investor interest. Long-term investors may find this buyback plan appealing, whilst short-term traders should remain vigilant to market conditions and company performance metrics that could influence the effectiveness of this initiative.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

BEIJING, Feb. 20, 2026 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin”or the “Company”) (Nasdaq: BZ; HK: 2076) today announced the continued execution of its share repurchase program, utilizing near RMB25 million to repurchase 410,642 ordinary shares on Feb 17 and Feb 18. In 2026, the Company has deployed more than RMB340 million toward share repurchases. This move underscores the Company's ongoing commitment to shareholder returns. BOSS Zhipin maintains authorization under its existing program to repurchase up to USD250 million worth of its shares, with the program remaining active until the end of August 2026.



CONTACT:PIACENTE·FINANCIAL COMMUNICATIONSkanzhun@tpg-ir.com

FAQ**

How does KANZHUN LIMITED BZ plan to effectively utilize the remaining USD250 million authorization for share repurchases before the program expires in August 2026?

KANZHUN LIMITED BZ plans to strategically execute share repurchases utilizing the remaining USD 250 million authorization through opportunistic buybacks aimed at enhancing shareholder value while adhering to market conditions and its financial strategy before the August 2026 expiration.

What specific factors have contributed to KANZHUN LIMITED BZ's decision to allocate over RMB340 million toward share repurchases this year?

KANZHUN LIMITED's decision to allocate over RMB340 million for share repurchases this year is driven by factors such as enhancing shareholder value, mitigating stock price volatility, signaling confidence in its business prospects, and optimizing capital structure.

Can management provide insights into how the share repurchase program aligns with KANZHUN LIMITED BZ's long-term growth strategy and financial health?

Management can elaborate on how KANZHUN LIMITED BZ’s share repurchase program supports its long-term growth strategy by enhancing shareholder value and demonstrating confidence in its financial stability and future prospects.

What are the anticipated impacts of KANZHUN LIMITED BZ's ongoing share repurchase program on future shareholder value and market perception?

KANZHUN LIMITED BZ's ongoing share repurchase program is expected to enhance shareholder value by reducing the number of shares outstanding, potentially increasing earnings per share, while also signaling confidence in the company's future prospects to the market.

**MWN-AI FAQ is based on asking OpenAI questions about KANZHUN LIMITED (NASDAQ: BZ).

KANZHUN LIMITED

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