Summary by Moomoo AI
On November 18, 2024, Kanzhun's trustee purchased 359,740 Class A Ordinary Shares (equivalent to 179,870 American Depository Shares) from the open market under the Post-IPO Share Scheme. The shares, representing approximately 0.04% of the company's total issued shares, were acquired at an average price of US$6.93 per share using internal resources.Following this transaction, the trustee's total holding of Class A Ordinary Shares increased to 23,858,792 shares. The shares are 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. As of the announcement date, no share awards have been granted to any Eligible Participants.
