Zhihu Executes Additional Share Buyback; 102,600 Class A Shares Acquired on NYSE, Cumulative Repurchases Reach 9.82 Million

Bulletin Express06-24

Zhihu Inc. (listed in Hong Kong as ZHIHU-W) disclosed a Next Day Disclosure Return dated 24 June 2026, reporting the latest movements under its share-repurchase programme.

Key takeaways

• Latest transaction: On 23 June 2026 (U.S. time) the company bought back 102,600 Class A ordinary shares on the New York Stock Exchange at an average cost of USD 1.03 per share (equivalent to USD 3.10 per ADS, with one ADS representing three shares), for a total consideration of approximately USD 0.11 million. All repurchased shares are designated for cancellation.

• Running tally: Since the current mandate was approved on 25 June 2025, Zhihu has repurchased 9.82 million shares, equal to 3.74% of the issued share capital at the mandate date. The authorised ceiling is 26.30 million shares, leaving headroom of about 16.48 million shares.

• April–June activity awaiting cancellation: From 1 April to 23 June 2026, 6.10 million shares—bought at prices ranging from USD 0.94 to USD 1.28—remain to be cancelled.

• Share capital unchanged for now: The outstanding share count stood at 250.91 million Class A shares and 15.23 million Class B shares (total 266.14 million) both before and after the latest transaction, as the repurchased shares had not yet been removed from the register by the reporting date.

• Moratorium period: In line with Hong Kong Listing Rule 10.06(3)(a), Zhihu is restricted from issuing new shares or transferring any treasury shares until 23 July 2026.

The company confirms that all repurchases complied with Hong Kong Stock Exchange requirements and applicable U.S. securities regulations.

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(listed in Hong Kong as ZHIHU-W) disclosed a Next Day Disclosure Return dated 24 June 2026, reporting the latest movements under its share-repurchase programme.</p>\n<p>Key takeaways</p>\n<p>• Latest transaction: On 23 June 2026 (U.S. time) the company bought back 102,600 Class A ordinary shares on the New York Stock Exchange at an average cost of USD 1.03 per share (equivalent to USD 3.10 per ADS, with one ADS representing three shares), for a total consideration of approximately USD 0.11 million. All repurchased shares are designated for cancellation.</p>\n<p>• Running tally: Since the current mandate was approved on 25 June 2025, Zhihu has repurchased 9.82 million shares, equal to 3.74% of the issued share capital at the mandate date. 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(listed in Hong Kong as ZHIHU-W) disclosed a Next Day Disclosure Return dated 24 June 2026, reporting the latest movements under its share-repurchase programme. Key takeaways • Latest...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02390":"知乎-W"},"translate_title":"知乎执行额外股份回购；纽交所收购10.26万股A类股累计回购达982万股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02390":1},"content_text":"Zhihu Inc. (listed in Hong Kong as ZHIHU-W) disclosed a Next Day Disclosure Return dated 24 June 2026, reporting the latest movements under its share-repurchase programme.\nKey takeaways\n• Latest transaction: On 23 June 2026 (U.S. time) the company bought back 102,600 Class A ordinary shares on the New York Stock Exchange at an average cost of USD 1.03 per share (equivalent to USD 3.10 per ADS, with one ADS representing three shares), for a total consideration of approximately USD 0.11 million. 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