BuybackAug 3, 2026, 06:13 AM
Zhihu Cancels 6.49M Repurchased Shares; Continues Buyback
AI Summary
Zhihu Inc. announced the cancellation of 6,489,165 Class A ordinary shares on July 28, 2026, which were repurchased between April 1 and June 30, 2026, at an average price of $1.1123 per share. This action reduced the total issued Class A shares to 244,789,786. Concurrently, 371,436 Class B ordinary shares were converted to Class A shares. The company also continued its share repurchase program, buying back additional American Depositary Shares (ADS) on July 24, 27, and 28, 2026, for future cancellation.
Key Highlights
- 6,489,165 Class A ordinary shares cancelled on July 28, 2026.
- Cancelled shares were repurchased at an average price of $1.1123 per share.
- 371,436 Class B ordinary shares converted to Class A shares on July 28, 2026.
- 43,867 ADS repurchased on July 24, 2026, at $3.1729 per ADS.
- 38,288 ADS repurchased on July 27, 2026, at $3.2355 per ADS.
- 32,820 ADS repurchased on July 28, 2026, at $3.2687 per ADS.
- Issued Class A shares totaled 244,789,786 as of July 28, 2026.
- Issued Class B shares totaled 14,862,319 as of July 28, 2026.
Price Impact
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