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Stock impact report

Zhihu launches tender offer to repurchase $54.8M shares [Seeking Alpha]

Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares (ZH) 
Company Research Source: Seeking Alpha
Pursuant to the offer, the company will buy back up to 46,921,448 Class A ordinary shares, including ADSs, at an offer price of HK$9.11 per Class A ordinary share (equivalent of US$3.50 per ADS). The offers consist of a U.S. offer and a non-U.S. offer, of which the U.S. offer will expire at 4:00 a.m., on October 30, 2024, unless extended. ADSs and Class A ordinary shares tendered pursuant to the U.S. offer may be withdrawn at any time before 4:00 a.m. on October 30, 2024, or as otherwise provided by applicable law. ADRs of Zhihu ( ZH ) were up premarket on Monday. Recommended For You More Trending News Recommended For You More Trending News About ZH Stock Related Stocks Trending Analysis Trending News Show less Read more
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