share_log

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

SEC ·  Dec 9, 2024 05:06

Summary by Moomoo AI

On December 6, 2024, Kanzhun's trustee purchased 356,058 Class A Ordinary Shares (equivalent to 178,029 American Depository Shares) from the open market under its 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$7.01 per share using internal resources.Following this transaction, the trustee's total holding of Class A Ordinary Shares increased to 28,723,000 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.
On December 6, 2024, Kanzhun's trustee purchased 356,058 Class A Ordinary Shares (equivalent to 178,029 American Depository Shares) from the open market under its 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$7.01 per share using internal resources.Following this transaction, the trustee's total holding of Class A Ordinary Shares increased to 28,723,000 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.
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