Summary by Moomoo AI
Kanzhun announced that the trustee of its Post-IPO Share Scheme purchased 431,236 Class A Ordinary Shares (equivalent to 215,618 American Depository Shares) from the open market on December 31, 2024. The shares, acquired at an average price of US$6.95 per share, represent approximately 0.05% of the company's total issued and outstanding 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. Following this transaction, the trustee holds a total of 30,803,788 Class A Ordinary Shares. As of January 2, 2025, no share awards have been granted to any Eligible Participants.
