The buyback execution confirms management's capital allocation priorities under the $400M program. Monitor for continued repurchase activity and potential EPS benefits. The conversion of Class B to Class A shares is neutral for economic ownership.
Price Chart
Executive Summary
Kanzhun Ltd filed a Next Day Disclosure Return reporting the cancellation of 24,334,590 Class A shares (2.5% of outstanding) repurchased between March and May 2026 at an average price of USD 6.831 per share, along with the conversion of 3,183,680 Class B shares to Class A shares. The filing also details ongoing share repurchases not yet cancelled, totaling approximately 6.8 million shares from late May to mid-June 2026. This is a routine administrative filing confirming execution of the company's share repurchase program, which was highlighted in the prior 20-F annual report.
Key Facts
- 24,334,590 Class A shares cancelled on June 12, 2026, reducing total issued Class A shares from 840,583,601 to 819,432,691.
- 3,183,680 Class B shares converted to Class A shares on June 12, 2026, reducing Class B shares from 126,526,401 to 123,342,721.
- Ongoing repurchases not yet cancelled: 12 batches from May 27 to June 12, 2026, totaling ~6.8 million shares at prices between USD 6.6741 and USD 7.2478.
- Total repurchases under the mandate: 31,148,504 shares (3.4% of issued shares as of the resolution date of June 27, 2025).
- Moratorium on new share issuance until July 12, 2026.
Financial Impact
Cancellation of 24.3M shares reduces share count by ~2.5%, providing modest EPS accretion. Ongoing buybacks at ~$6.7-7.2 per share represent continued capital return.
Risk Factors
- None material from this routine filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001104659-26-073737 |
| Document: tm2617932d1_6k.htm | 0001104659-26-073737 |
| Document: 0001104659-26-073737-index-headers.html | 0001104659-26-073737 |
| Document: 0001104659-26-073737-index.html | 0001104659-26-073737 |
| Document: 0001104659-26-073737.txt | 0001104659-26-073737 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | 6-K | $16.66 | awaiting T+60 | — | $16.65 (−0.06%) |
Oct 21, 2026 6d ago | Institutional Cluster | $16.41 | awaiting T+60 | — | $16.65 (+1.46%) |
Oct 7, 2026 20d ago | 6-K | $15.18 | awaiting T+60 | — | $16.65 (+9.68%) |
Oct 2, 2026 25d ago | 6-K | $14.83 | awaiting T+60 | — | $16.65 (+12.27%) |
Sep 22, 2026 5w ago | Press Release | $14.28 | awaiting T+60 | — | $16.65 (+16.56%) |
Sep 21, 2026 5w ago | Press Release | $14.82 | awaiting T+60 | — | $16.65 (+12.35%) |
Sep 18, 2026 5w ago | Insider Cluster | $14.44 | awaiting T+60 | — | $16.65 (−15.30%) |
Sep 18, 2026 5w ago | Insider Cluster | $13.92 | awaiting T+60 | — | $16.65 (−19.63%) |
Sep 14, 2026 6w ago | Insider Cluster | $14.49 | awaiting T+60 | — | $16.65 (+14.89%) |
Sep 11, 2026 6w ago | 6-K | $15.45 | awaiting T+60 | — | $16.65 (+7.77%) |
US Market Status
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