BOSS Zhipin (02076/BZ) announced on November 1 that based on its initial public offering share plan, it will repurchase 340000 shares of Class A common stock, equivalent to 170000 American depositary shares, on October 31, 2024. The repurchased shares account for approximately 0.04% of the company's total issued and outstanding shares. This repurchase is funded by internal resources of the company and executed by the trustee on the open market in accordance with the terms of the plan.
The average repurchase price per share of Class A common stock is $7.32 (excluding all related expenses). After the repurchase, the trustee holds 20.33 million shares of Class A common stock. As of the announcement date, the trustee has not granted any eligible participants any share awards.