Zhihu Inc. (02390) Announces Next Day Disclosure Return on Share Repurchases

Bulletin Express
02/03

Zhihu Inc. (Stock Code: 02390) released a Next Day Disclosure Return covering the period up to February 2, 2026, indicating the total number of its issued shares remained at 254,416,106 Class A ordinary shares, in addition to 15,446,778 Class B ordinary shares. The company reported multiple share repurchases for cancellation but not yet canceled, with repurchase dates covering January 2 to February 2, 2026. These transactions each represented portions of Zhihu Inc.’s share capital in the approximate range of 0.002% to 0.037% per repurchase event.

During this period, one of the repurchase transactions involved 94,140 Class A ordinary shares (equivalent to 31,380 ADS on the New York Stock Exchange), executed on February 2, 2026. According to the filing, the total number of shares repurchased under the existing repurchase mandate reached 1,532,901, representing approximately 0.583% of the issued shares as of the mandate date of June 25, 2025.

The document also disclosed that the moratorium period on any new issue of shares following these repurchases extends to March 4, 2026, in accordance with the applicable rules. All relevant repurchases were stated to be in compliance with the domestic requirements of the respective stock exchanges and the regulations of The Stock Exchange of Hong Kong Limited.

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