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Kanzhun Limited's 6-K Report: Share Repurchase Announcement & Compliance Insights

$BZ
Form 6-K
Filed on: 2024-12-31
Source
Kanzhun Limited's 6-K Report: Share Repurchase Announcement & Compliance Insights

Here's the key information extracted from the provided section of the financial report:

  1. Form and Filing Information:
  • Form Type: 6-K (Report of Foreign Private Issuer)
  • Commission File Number: 001-40460
  • Filing Date: December 31, 2024
  1. Entity Information:
  • Company Name: Kanzhun Limited
  • Address:
    • 18/F, GrandyVic Building,
    • Taiyanggong Middle Road,
    • Chaoyang District,
    • Beijing 100020,
    • People’s Republic of China.
  1. Annual Report Filing:
  • The registrant indicated that it files or will file annual reports under Form 20-F.
  1. Exhibit Information:
  • Exhibit No.: 99.1
  • Description: Announcement regarding the purchase of shares on the market pursuant to a post-IPO share scheme.
  1. Signature:
  • Signed by: Yu Zhang
  • Title: Director and Chief Financial Officer
  • Signature Date: December 31, 2024

Insights:

  • Kanzhun Limited is actively engaging in share repurchase activities, which may indicate a strategy to enhance shareholder value post-IPO.
  • The filing of Form 6-K suggests that Kanzhun is providing timely updates to the SEC regarding significant corporate actions, reflecting transparency and compliance with regulatory requirements.
  • The indication of filing under Form 20-F suggests that Kanzhun operates with a structure that adheres to U.S. accounting and financial reporting standards, which may attract U.S. investors.