Kanzhun Ltd. Boosts Shareholder Value With Strategic Purchase
Kanzhun Limited's (NASDAQ:BZ) P/E Is Still On The Mark Following 25% Share Price Bounce
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kanzhun -W(02076): The trustee purchased a total of 0.3358 million shares of Class A common stock based on the initial public offering.
kanzhun-W(02076) announced on October 17, 2024 that internal resources of the company will be allocated...
Central Bank's major announcement! Reserve ratio cut, interest rate cut, officially launching share buyback and shareholding refinancing.
Pan Gongsheng stated that it is expected to carefully assess the market liquidity situation before the end of the year, and opportunistically further lower the deposit reserve ratio by 0.25-0.5 percentage points; reduce the open market 7-day reverse repurchase operation rate by 0.2 percentage points.
kanzhun repurchased 0.144 million shares for 7.63 million yuan on October 15th.
After intensively repurchasing in the second and third quarters, kanzhun continued its repurchase activities in the fourth quarter. On October 16th, kanzhun (Nasdaq: BZ; HKEX: 2076) announced that on October 15th, it spent approximately 7.63 million yuan to repurchase 0.144 million shares. According to public data, since the second quarter of this year, kanzhun has repurchased a total of 31 times, with a cumulative repurchase amount of nearly 0.935 billion yuan. The consecutive repurchase actions reflect the management's strong confidence in the company and the industry's development.