Zhihu Repurchases 6.49 Million Shares; Outstanding Class A Share Count Steady at 250.91 Million

Bulletin Express07:43

Zhihu Inc. (abbrev. Zhihu) filed a Next Day Disclosure Return on 2 July 2026, detailing continued buybacks of Class A ordinary shares while leaving the issued share base unchanged.

Zhihu repurchased 139,809 Class A shares on 30 June 2026 via the New York Stock Exchange at prices between USD 1.0267 and USD 1.06, for a total outlay of USD 0.15 million. These shares are intended for cancellation.

Including this latest transaction, 6.49 million Class A shares have been bought for cancellation but not yet cancelled between 1 April and 30 June 2026. This represents approximately 2.44 % of the company’s total issued share capital of 266.14 million shares (comprising 250.91 million Class A and 15.23 million Class B shares).

The issued share count remained constant during the period: • Opening balance (29 June 2026): 250.91 million Class A shares • Closing balance (30 June 2026): 250.91 million Class A shares

A shareholder mandate approved on 30 June 2026 authorises Zhihu to repurchase up to 25.46 million shares. To date, 139,809 shares—0.55 % of that mandate—have been utilised. Under Hong Kong listing rules, Zhihu is subject to a 30-day moratorium (through 30 July 2026) on issuing new shares or disposing of treasury shares following these repurchases.

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