{"id":741135,"date":"2023-03-20T07:33:21","date_gmt":"2023-03-20T11:33:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kanzhun-limited-announces-us150-million-share-repurchase-program\/"},"modified":"2023-03-20T07:33:21","modified_gmt":"2023-03-20T11:33:21","slug":"kanzhun-limited-announces-us150-million-share-repurchase-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kanzhun-limited-announces-us150-million-share-repurchase-program\/","title":{"rendered":"KANZHUN LIMITED Announces US$150 Million Share Repurchase Program"},"content":{"rendered":"
\n

BEIJING, March 20, 2023 (GLOBE NEWSWIRE) — KANZHUN LIMITED (\u201cBOSS Zhipin\u201d or the \u201cCompany\u201d) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced that its board of directors has authorized a new share repurchase program under which the Company may repurchase up to US$150 million of its shares (including in the form of American depositary shares) over the next 12 months.<\/p>\n

The Company\u2019s proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and\/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Company\u2019s board of directors will review the share repurchase program periodically, and may authorize adjustment of its terms and size.<\/p>\n

\n Safe Harbor Statement<\/strong>\n <\/p>\n

This press release contains statements that may constitute \u201cforward-looking\u201d statements which are made pursuant to the \u201csafe harbor\u201d provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201caims,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201clikely to,\u201d and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in announcements made on the website of The Stock Exchange of Hong Kong Limited (the \u201cHong Kong Stock Exchange\u201d), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company\u2019s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company\u2019s filings with the U.S. Securities and Exchange Commission and the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.<\/p>\n

\n About KANZHUN LIMITED <\/strong>\n <\/p>\n

KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China. The Company connects job seekers and enterprise users in an efficient and seamless manner through its highly interactive mobile app, a transformative product that promotes two-way communication, focuses on intelligent recommendations, and creates new scenarios in the online recruiting process. Benefiting from its large and diverse user base, BOSS Zhipin has developed powerful network effects to deliver higher recruitment efficiency and drive rapid expansion.<\/p>\n

\n For investor and media inquiries, please contact:<\/strong>\n <\/p>\n

KANZHUN LIMITED
Investor Relations
Email: ir@kanzhun.com<\/a><\/p>\n

PIACENTE FINANCIAL COMMUNICATIONS
Email: kanzhun@tpg-ir.com<\/a><\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

BEIJING, March 20, 2023 (GLOBE NEWSWIRE) — KANZHUN LIMITED (\u201cBOSS Zhipin\u201d or the \u201cCompany\u201d) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced that its board of directors has authorized a new share repurchase program under which the Company may repurchase up to US$150 million of its shares (including in the form of American depositary shares) over the next 12 months. The Company\u2019s proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and\/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Company\u2019s board of directors will review the share repurchase program … <\/p>\n

Continue reading “KANZHUN LIMITED Announces US$150 Million Share Repurchase Program”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-741135","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nKANZHUN LIMITED Announces US$150 Million Share Repurchase Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kanzhun-limited-announces-us150-million-share-repurchase-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KANZHUN LIMITED Announces US$150 Million Share Repurchase Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BEIJING, March 20, 2023 (GLOBE NEWSWIRE) — KANZHUN LIMITED (\u201cBOSS Zhipin\u201d or the \u201cCompany\u201d) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced that its board of directors has authorized a new share repurchase program under which the Company may repurchase up to US$150 million of its shares (including in the form of American depositary shares) over the next 12 months. 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