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Kanzhun | 6-K: Purchase of Shares on Market Pursuant to Post-IPO Share Scheme

SEC ·  Oct 22, 2024 05:04

Summary by Moomoo AI

On October 21, 2024, Kanzhun's trustee purchased 335,172 Class A Ordinary Shares (equivalent to 167,586 American Depository Shares) from the open market for its Post-IPO Share Scheme. The shares were acquired at an average price of US$7.45 per share, representing approximately 0.04% of the company's total issued shares.The purchase was funded by the company's internal resources and will be held in trust for Eligible Participants under the Scheme, which was adopted on December 14, 2022, and became effective upon the company's Hong Kong listing on December 22, 2022. Following this transaction, the Trustee now holds a total of 18,300,882 Class A Ordinary Shares. As of the announcement date, no share awards have been granted to any Eligible Participants.
On October 21, 2024, Kanzhun's trustee purchased 335,172 Class A Ordinary Shares (equivalent to 167,586 American Depository Shares) from the open market for its Post-IPO Share Scheme. The shares were acquired at an average price of US$7.45 per share, representing approximately 0.04% of the company's total issued shares.The purchase was funded by the company's internal resources and will be held in trust for Eligible Participants under the Scheme, which was adopted on December 14, 2022, and became effective upon the company's Hong Kong listing on December 22, 2022. Following this transaction, the Trustee now holds a total of 18,300,882 Class A Ordinary Shares. As of the announcement date, no share awards have been granted to any Eligible Participants.
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