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Kanzhun | 6-K: Purchase of Shares on Market Pursuant to Post-IPO Share Scheme

SEC ·  Nov 22, 2024 19:06

Summary by Futu AI

Kanzhun Limited announced that on November 21, 2024, the trustee of its Post-IPO Share Scheme purchased 387,440 Class A Ordinary Shares (193,720 ADSs) from the open market. The shares, bought at an average price of US$6.44 per share, will be held in trust for eligible participants under the scheme's terms.The purchased shares represent approximately 0.04% of Kanzhun's total issued and outstanding shares as of November 21, 2024. Following this transaction, the trustee now holds a total of 24,975,188 Class A Ordinary Shares. The purchase was funded by the company's internal resources.Kanzhun stated it will periodically review and determine the number of shares to be awarded to eligible participants at its discretion. As of the announcement date, no share awards held by the trustee have been granted to any eligible participant.
Kanzhun Limited announced that on November 21, 2024, the trustee of its Post-IPO Share Scheme purchased 387,440 Class A Ordinary Shares (193,720 ADSs) from the open market. The shares, bought at an average price of US$6.44 per share, will be held in trust for eligible participants under the scheme's terms.The purchased shares represent approximately 0.04% of Kanzhun's total issued and outstanding shares as of November 21, 2024. Following this transaction, the trustee now holds a total of 24,975,188 Class A Ordinary Shares. The purchase was funded by the company's internal resources.Kanzhun stated it will periodically review and determine the number of shares to be awarded to eligible participants at its discretion. As of the announcement date, no share awards held by the trustee have been granted to any eligible participant.

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