Zhihu Inc. Reports 126,291-Share Buyback on NYSE; Cumulative 2026 Repurchases Reach 4.34 Million Shares

Bulletin Express08-26

Key Points

• Latest transaction: Zhihu Inc. repurchased 126,291 Class A ordinary shares (equivalent to 42,097 ADSs) on 25 August 2026 via the New York Stock Exchange at prices between USD 1.0483 and USD 1.07 per share, for a total consideration of USD 0.13 million.

• Cumulative progress: Since the current mandate was approved on 30 June 2026, Zhihu has bought back 4.34 million Class A shares, representing 1.70% of the 254.62 million shares outstanding (excluding treasury shares) on the mandate date. This utilises roughly 17% of the 25.46 million-share authority (10% of outstanding shares).

• Shares pending cancellation: As of 25 August 2026, 4.20 million Class A shares remain in the pipeline for cancellation, equal to about 1.62% of the company’s total issued share capital of 259.65 million shares (244.79 million Class A; 14.86 million Class B).

• Issued share capital unchanged: Between the opening balance on 24 August 2026 and the closing balance on 25 August 2026, Zhihu’s issued share count stood flat at 244.79 million Class A shares; no treasury shares were held.

• Post-repurchase restriction: In line with Hong Kong Listing Rules, Zhihu is subject to a moratorium on new share issues or treasury-share sales until 24 September 2026.

Context

Zhihu’s 2026 buyback programme aims to enhance shareholder value within a 10% annual share-repurchase limit sanctioned by shareholders on 30 June 2026. All transactions have been executed in compliance with Hong Kong Stock Exchange requirements and domestic regulations governing repurchases on the New York Stock Exchange.

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Reports 126,291-Share Buyback on NYSE; Cumulative 2026 Repurchases Reach 4.34 Million Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-08-26 17:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Key Points</p>\n<p>• Latest transaction: Zhihu Inc. repurchased 126,291 Class A ordinary shares (equivalent to 42,097 ADSs) on 25 August 2026 via the New York Stock Exchange at prices between USD 1.0483 and USD 1.07 per share, for a total consideration of USD 0.13 million.</p>\n<p>• Cumulative progress: Since the current mandate was approved on 30 June 2026, Zhihu has bought back 4.34 million Class A shares, representing 1.70% of the 254.62 million shares outstanding (excluding treasury shares) on the mandate date. 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