Kanzhun Limited Acquires Shares for Post-IPO Scheme
Company Announcements

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.

For further insights into BZ stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskKanzhun Ltd Enhances Stakeholder Value with Share Purchase
TipRanks Auto-Generated NewsdeskKanzhun Ltd Reports Share Reduction in October
TipRanks Auto-Generated NewsdeskKanzhun Limited Announces Share Structure Changes
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App