BOSS Zhipin Tops RMB2.06B in 1H Buybacks, Expands US$400M Program
BZ•BOSS Zhipin used RMB20 million to repurchase 464,814 shares on June 30, bringing first‐half 2026 buybacks to over RMB2.06 billion. The board increased its repurchase authorization to US$400 million through August 28, 2027 and pledged at least 50% of adjusted net income to dividends and repurchases annually.
1. Share Repurchase Milestone
On June 30, BOSS Zhipin deployed RMB20 million to acquire 464,814 ordinary shares, bringing its total buybacks in the first half of 2026 to over RMB2.06 billion. This continuous execution underscores the company’s strategy to reduce share count and support per‐share metrics.
2. Program Authorization Increase
In mid-March, the board amended the existing share repurchase plan to authorize up to US$400 million in buybacks of ADSs and ordinary shares through August 28, 2027. The expanded authorization reflects management’s confidence in future cash generation and capital allocation flexibility.
3. Dividend and Buyback Allocation Policy
The board also committed to allocating no less than 50% of adjusted net income each year from 2026 through 2028 toward dividends and share repurchases. This policy, subject to board discretion based on financial performance and market conditions, aims to enhance shareholder returns.
