Zhihu Inc. Reports Share Repurchase and Conversion

Zhihu (ZH) has released an update.

Zhihu Inc. has announced a significant change in its share structure, with a reported 1.5864% decrease in issued shares following the repurchase and cancellation of over 4.7 million shares. Additionally, the company has converted Class B ordinary shares to Class A, resulting in adjustments to their total number of issued shares. These changes, confirmed by CFO Han Wang, comply with all relevant listing rules and regulations.

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