Zhihu, Inc. Class A (HK:2390) has released an update.
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Zhihu Inc., a Cayman Islands-incorporated company with weighted voting rights, has filed a Schedule TO with the U.S. Securities and Exchange Commission, signaling a proposed share buy-back through a tender offer. The filing was made on July 19, 2024, and details regarding this pre-commencement communication can be found in the Schedule TO document. This strategic movement is expected to attract the attention of investors and shareholders as the market anticipates the impact on the company’s stock.
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