KANZHUN LIMITED Announces US$200 Million Share Repurchase Program
KANZHUN LIMITED - American Depository Shares (BZ)
Company Research
Source: GlobeNewswire
BEIJING, March 12, 2024 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (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 effective from March 20, 2024 for a 12-month period, under which the Company may repurchase up to US$200 million of its shares (including in the form of American depositary shares). The Company’s 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’s board of directors will review the share repurchase program periodically, and may authorize adjustment of its terms and size. Safe Harbor Statement This press release contains statements that may constitute “forward-looking” statements wh
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BZ
News
- An excellent week for Kanzhun Limited's (NASDAQ:BZ) institutional owners who own 65% as one-year returns inch higher [Yahoo! Finance]Yahoo! Finance
- Kanzhun Limited (NASDAQ: BZ) had its price target raised by analysts at Barclays PLC from $22.00 to $27.00. They now have an "overweight" rating on the stock.MarketBeat
- Kanzhun Limited (NASDAQ: BZ) was upgraded by analysts at TheStreet from a "d+" rating to a "c-" rating.MarketBeat
- Kanzhun Limited (NASDAQ: BZ) was upgraded by analysts at New Street Research from a "neutral" rating to a "buy" rating. They now have a $25.00 price target on the stock, up previously from $17.00.MarketBeat
- Kanzhun Limited (NASDAQ: BZ) was upgraded by analysts at Macquarie from a "neutral" rating to an "outperform" rating.MarketBeat
BZ
Earnings
- 3/12/24 - Beat
BZ
Sec Filings
- 4/9/24 - Form 6-K
- 4/5/24 - Form 6-K
- 4/2/24 - Form 6-K
- BZ's page on the SEC website