Kanzhun announces upsizing, extension of share repurchase program

KANZHUN (BZ) announced the upsizing and extension of its share repurchase program. As previously announced, the Company established a share repurchase program on August 29, 2024, whereby the Company was authorized to repurchase up to $150M of its shares for a 12-month period. On August 20, 2025, the Company’s board of directors approved amendments to its existing share repurchase program, extending the program for a 12-month period through August 28, 2026 and authorizing repurchases of up to $250M of the Company’s shares during the extended 12-month period.