Zhihu Adds 0.14% to Share Buy-back on NYSE, Lifts Cumulative Repurchases to 8.34 Million Shares

Bulletin Express04-22

Zhihu Inc. disclosed that on 21 April 2026 it repurchased 368,010 Class A ordinary shares—equivalent to 122,670 American Depositary Shares (ADSs)—on the New York Stock Exchange at prices ranging from USD 1.19 to USD 1.26, for a total consideration of USD 0.45 million. Each ADS represents three Class A ordinary shares.

The latest transaction represents approximately 0.14 % of Zhihu’s outstanding share capital of 269.86 million shares (comprising 254.42 million Class A shares and 15.45 million Class B shares).

Including this purchase, Zhihu has bought back 8.34 million Class A shares between 2 January and 21 April 2026. The cumulative repurchases equal 3.17 % of the share count that was in issue when the current buy-back mandate was approved on 25 June 2025. The mandate allows the company to repurchase up to 26.30 million shares, leaving a remaining capacity of about 18.0 million shares, or 68.29 % of the authorised limit.

All repurchased shares are being held for cancellation; none have been converted into treasury shares. As of 21 April 2026, Zhihu’s issued share capital stands unchanged at 254.42 million Class A shares, while all 8.34 million repurchased shares await formal cancellation.

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