Kanzhun Trustee Purchases Another 390,618 Shares Under Post-IPO Scheme, Shares Down 7%

MT Newswires Live11-25 15:41

Kanzhun's (HKG:2076) trustee bought a further 390,618 shares in the form of 195,309 American depository shares on Friday as part of its post-initial public offering share scheme, according to a Monday filing with the Hong Kong exchange.

The shares were purchased at an average of $6.39 apiece, and the trustee now holds almost 25.4 million shares following the purchase, according to the filing.

The human resources company's shares were down over 7% in recent trade.

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