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Kanzhun Trustee Purchases Another 390,618 Shares Under Post-IPO Scheme, Shares Down 7%
kanzhun-W (02076.HK): Plans to purchase a total of 0.3906 million Class A common shares following the initial public offering.
Gelonghui, on November 25th, announced that kanzhun-W (02076.HK) stated that on November 22, 2024, internal resources will be allocated by the company to purchase a total of 390,618 Class A common shares (equivalent to 195,309 American Depositary Shares) in the open market, and hold these shares in a reits for eligible participants (as defined in the plan), at an average cost of $6.39 per Class A common share (excluding all relevant expenses).
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Kanzhun Ltd. Boosts Stakeholder Value With Share Purchase
kanzhun-W (02076.HK): Plans to purchase 0.3597 million Class A common shares after the initial public offering.
Kanzhun-W (02076.HK) announced on November 19 that, on November 18, 2024, the company's internal resources were allocated to the trustee to purchase a total of 0.3597 million shares of Class A common stock on the open market in accordance with the terms and conditions of the plan (in the form of 0.1799 million American depositary shares), and hold such shares for eligible participants in trust.
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