Zhihu Inc. (Stock Code: 02390) submitted a Next Day Disclosure Return on January 28, 2026, indicating that the company’s issued Class A ordinary share count remained 254,416,106 on January 26 and January 27, 2026. No change was reported in the overall number of issued shares, which totals 269,862,884 when including Class B ordinary shares.

According to the filing, the company conducted several share repurchases for cancellation between January 2 and January 27, 2026. These transactions involved varying quantities, most commonly 99,000 Class A ordinary shares per transaction, with repurchase prices ranging from approximately USD 1.123 to USD 1.2667. As of the January 27, 2026 closing balance, the repurchased shares were not yet canceled.

In addition, the company disclosed that 40,170 Class A ordinary shares (equivalent to 13,390 ADSs) were repurchased on January 27, 2026, on the New York Stock Exchange at an aggregate price of USD 50,851.4. The total number of shares authorized for repurchase under the current mandate is 26,300,429, and the company has repurchased 1,143,456 shares under this mandate so far, representing approximately 0.435% of the total issued shares as of the date of the authorizing resolution.