Kanzhun Limited Executes Post-IPO Share Scheme

Kanzhun Ltd Sponsored (BZ) has released an update.

Kanzhun Limited has announced the purchase of 576,474 Class A Ordinary Shares under its Post-IPO Share Scheme, following the scheme’s adoption in December 2022. The shares, representing about 0.06% of the company’s total issued shares as of July 25, 2024, were acquired at an average price of US$6.93, using the company’s internal resources. While no share awards have been distributed to participants yet, the company retains discretion over future allocations.

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