BuybackMay 4, 2026, 06:12 AM
Zhihu Completes 3.72M Share Buyback & Class B to A Conversion
AI Summary
Zhihu Inc. filed a Form 6-K detailing changes in its issued share capital as of April 27, 2026. The company completed the repurchase and cancellation of 3,721,614 Class A ordinary shares, which were repurchased between January and March 2026. Additionally, 213,023 Class B ordinary shares were converted to Class A ordinary shares. The filing also disclosed ongoing share repurchases for cancellation, totaling 4,370,354 shares between April 1 and April 22, 2026, which are yet to be cancelled.
Key Highlights
- Completed repurchase and cancellation of 3,721,614 Class A ordinary shares on April 27, 2026.
- Repurchased shares had a volume-weighted average price of $1.1217 per share.
- Converted 213,023 Class B ordinary shares to Class A ordinary shares on April 27, 2026.
- Closing balance of Class A ordinary shares is 250,907,515 as of April 27, 2026.
- Closing balance of Class B ordinary shares is 15,233,755 as of April 27, 2026.
- Repurchased 4,370,354 shares for cancellation between April 1 and April 22, 2026, not yet cancelled.
- April repurchases for cancellation ranged from $0.9366 to $1.2768 per share.