Zhihu, Inc. Class A (HK:2390) has released an update.
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Zhihu Inc. has announced an extraordinary general meeting scheduled for October 16, 2024, to seek approval from its independent shareholders for a proposed buyback of up to 46,921,448 Class A ordinary shares at HK$9.11 each. The meeting will take place in Beijing, where shareholders will vote on the resolution, which additionally grants directors authority to execute necessary documents related to the offer. Shareholders and ADS holders must submit their voting instructions by the specified deadlines to have their votes counted at the meeting.
For further insights into HK:2390 stock, check out TipRanks’ Stock Analysis page.