Summary by Moomoo AI
Kanzhun announced that on December 27, 2024, the trustee of its Post-IPO Share Scheme purchased 357,954 Class A Ordinary Shares (equivalent to 178,977 American Depository Shares) from the open market. The shares were acquired at an average price of US$6.97 per share, representing approximately 0.04% of the company's total issued and outstanding shares.The purchase was funded by the company's internal resources and the shares will be held in trust for Eligible Participants under the Scheme, which was adopted on December 14, 2022. Following this transaction, the trustee's total holdings reached 30,010,502 Class A Ordinary Shares. As of the announcement date, no share awards have been granted to any Eligible Participants.
