Zhihu (ZH) has released an update.
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Zhihu Inc. has reported a significant reduction in its issued shares, with a decrease of over 31 million Class A shares and nearly 2 million Class B shares during November 2024, primarily due to a share buyback program. This strategic move may influence the company’s stock value, as fewer shares in circulation can enhance earnings per share and potentially attract investor interest. Such financial maneuvers reflect Zhihu’s ongoing efforts to optimize its capital structure in the competitive stock market.
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