Zhihu Inc. Announces Results of Tender Offers to Buy Back Its Class A Ordinary Shares and American Depositary Shares
Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares (ZH)
Company Research
Source: PR Newswire
BEIJING, Oct. 30, 2024 /PRNewswire/ -- Zhihu Inc. (NYSE: ZH; HKEX: 2390) ("Zhihu" or the "Company"), a leading online content community in China, today announced the results of the Company's all cash tender offers (the "Offers") to buy back up to 46,921,448 Class A ordinary shares of the Company (including in the form of American depositary shares (the "ADSs")). The Offers, including the U.S. Offer, expired at 4:00 a.m., New York City time, or 4:00 p.m., Hong Kong time, on Wednesday, October 30, 2024 (the "Latest Acceptance Time"). The Company has been advised by Broadridge Corporate Issuer Solutions, LLC, the tender agent, and Computershare Hong Kong Investor Services Limited, the registrar, that 33,016,016 Class A ordinary shares (including 19,877,118 Class A ordinary shares in the form of 6,625,706 ADSs) were validly tendered and not properly withdrawn as of the Latest Acceptance Time. The Company has accepted all these Class A ordinary shares (including in the form of ADSs) to be
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High impacting Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares news events
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News
- Zhihu Inc. (NYSE: ZH) had its price target lowered by analysts at Citigroup Inc. from $5.40 to $4.70. They now have a "buy" rating on the stock.MarketBeat
- Zhihu Inc (ZH) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Zhihu Inc. Reports Unaudited Third Quarter 2024 Financial ResultsPR Newswire
- Zhihu Inc. to Report Third Quarter 2024 Financial Results on November 26, 2024PR Newswire
- Zhihu Inc. Updates a Director's Intention to Participate in the Tender Offers [Yahoo! Finance]Yahoo! Finance
ZH
Sec Filings
- 12/9/24 - Form 6-K
- 11/26/24 - Form 6-K
- 11/13/24 - Form SC
- ZH's page on the SEC website