Kanzhun Limited Acquires Shares for Post-IPO Scheme

Kanzhun Ltd Sponsored (BZ) has released an update.

Kanzhun Limited has announced the acquisition of 493,396 Class A Ordinary Shares at an average price of $10.13 per share on June 17, 2024, as part of its Post-IPO Share Scheme. These shares, representing approximately 0.06% of the total issued and outstanding shares, have been purchased on the open market and will be held in trust for eligible participants, although no awards have been distributed as of the announcement date. The company will continue to assess and determine the number of shares to be awarded at its discretion.

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