Kanzhun Limited Plans $80 Million Dividend Distribution and Up to $250 Million Share Buyback Over Next 12 Months
Deep News
Aug 20
On August 20, Kanzhun Limited announced two shareholder return initiatives to share the benefits of the company's continued growth with all investors.
First, the company will implement an "annual dividend policy," distributing cash dividends to shareholders annually based on operational performance. The annual cash dividend for 2025 is expected to be distributed in October 2025, with a proposed total dividend amount of approximately $80 million.
Second, the company is extending its existing share repurchase program, originally approved in August 2024, for an additional 12 months until the end of August 2026. During this period, the company will repurchase up to $250 million worth of shares (increased from the previous plan of $150 million).
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