Summary by Moomoo AI
Kanzhun's trustee has acquired 360,548 Class A Ordinary Shares (equivalent to 180,274 American Depository Shares) from the open market on November 19, 2024, at an average price of US$6.81 per share. The purchase, funded by internal resources, represents approximately 0.04% of the company's total issued and outstanding shares.The shares will be held in trust for Eligible Participants under the Post-IPO Share Scheme, which was adopted on December 14, 2022, and became effective upon the company's Hong Kong listing on December 22, 2022. Following this acquisition, the Trustee now holds a total of 24,219,340 Class A Ordinary Shares. As of the announcement date, no share awards have been granted to any Eligible Participants.
