Zhihu Inc. reported a net decrease of 3,508,591 Class A and 213,023 Class B WVR ordinary shares in April 2026, primarily from share repurchases and cancellations offset by Class B to Class A conversions.
Key takeaways
Class A issued shares decreased from 254,416,106 to 250,907,515 due to repurchases and cancellations.
Class B issued shares decreased from 15,446,778 to 15,233,755 via conversion to Class A shares.
3,721,614 Class A shares previously repurchased were cancelled on April 27, 2026.
4,980,324 Class A shares repurchased in April 2026 remain pending cancellation.
213,023 Class B shares converted to Class A on April 27, 2026 per Listing Rules.
Public float requirement confirmed compliant at 25% of issued Class A shares.