KANZHUN LIMITED Announces On-Market Share Purchase Under Post-IPO Share Scheme

Key Highlights

• Share Buyback: Kanzhun Limited has announced the purchase of 410,642 Class A Ordinary Shares (in the form of 205,321 American Depository Shares) on February 17 and 18, 2026.
• Purpose of Purchase: These shares were acquired by the Scheme’s Trustee to be held on trust for Eligible Participants under the company’s Post-IPO Share Scheme.
• Funding: The purchase was funded entirely by Kanzhun’s internal resources, reflecting financial stability and strong cash position.
• Average Purchase Price: The average consideration paid per share was US\$8.70, excluding all relevant expenses.
• Impact on Capital Structure: The purchased shares represent approximately 0.04% of the total issued and outstanding shares of the company as of February 18, 2026.
• Total Shares Held in Trust: After the latest purchases, the Trustee holds 37,304,540 Class A Ordinary Shares on behalf of the Scheme’s participants.

Details & Implications for Investors

The company’s Post-IPO Share Scheme, conditionally approved and adopted on December 14, 2022, and effective since the Hong Kong listing on December 22, 2022, allows Kanzhun Limited to incentivize key talent and participants with equity awards. The recent purchase of 410,642 Class A Ordinary Shares demonstrates management’s ongoing commitment to employee retention and long-term value creation.

The shares were bought on-market, indicating confidence in the company’s future prospects and a willingness to deploy internal financial resources to support the share price. The average purchase price of US\$8.70 per share can be an important reference point for investors, reflecting management’s view on current valuation levels.

While the percentage of shares purchased relative to the total outstanding shares is small (0.04%), such buybacks can have a positive signaling effect, supporting the share price by reducing the free float and aligning management interests with those of shareholders.

The Trustee now holds a significant balance of 37,304,540 Class A Ordinary Shares on trust, which will be used for future awards to eligible participants. The company stated it will review and determine, at its absolute discretion, the number of shares to be awarded, offering flexibility in rewarding performance and incentivizing key personnel.

Potential Shareholder Impact

• Share Price Support: On-market share purchases can provide technical support to the share price and may be viewed positively by the market.
• Alignment of Interests: The Post-IPO Share Scheme aligns management and employee interests with those of investors, potentially leading to better long-term performance.
• Future Awards: The company’s discretion in awarding these shares adds a level of uncertainty, but also flexibility in responding to business needs and market conditions.
• Governance Transparency: The announcement reinforces Kanzhun Limited’s commitment to transparent governance and ongoing communication with the market.

Board Composition

As of February 20, 2026, the Board of Directors comprises a mix of executive, non-executive, and independent non-executive directors, including the Founder, Chairman, and CEO, Mr. Peng Zhao, reflecting a strong and diverse leadership team.

Conclusion

This share purchase under the Post-IPO Share Scheme is a positive signal of management’s confidence and commitment to long-term value creation. Investors should monitor future share awards and any additional buybacks, as these may further impact share value and market sentiment.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with financial advisors before making investment decisions. The author accepts no liability for any losses arising from reliance on the information provided herein.

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