08:09 AM EDT, 08/29/2024 (MT Newswires) -- Kanzhun ( BZ ) said Thursday that the company's board of directors has authorized a new $150 million share repurchase program, starting Aug. 29 for 12 months.

The new program will operate together with the existing $200 million share repurchase program that became effective on Mar. 20 for 12 months, the company said.

The company's share were up almost 6% in recent premarket activity on Thursday.

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