STOCK TITAN

ZKH Group (NYSE: ZKH) extends US$50M ADS share repurchase plan to 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

ZKH Group Limited has extended its existing share repurchase program for its American Depositary Shares through June 13, 2027. The program, originally approved in June 2025, authorizes the company to repurchase up to US$50 million of ADSs.

As of this announcement, ZKH has already repurchased approximately 2.1 million ADSs under the program. Repurchases may be made on the open market, through privately negotiated or block trades, and other lawful methods, and are expected to be funded from the company’s existing cash balance.

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Insights

ZKH extends its existing US$50M ADS repurchase authorization by one year.

ZKH Group Limited is keeping its share repurchase program in place for an additional 12 months, through June 13, 2027. The authorization allows repurchases of up to US$50 million of ADSs, giving the company flexibility to buy shares when it deems conditions appropriate.

The company reports that about 2.1 million ADSs have already been repurchased under this program. Repurchases can occur via open-market purchases, privately negotiated transactions, or block trades, and are to be funded from existing cash, indicating no new financing tied to this plan.

The economic impact will depend on how much of the remaining authorization is ultimately used and at what prices. Future disclosures in company filings may provide updated figures on cumulative repurchases and any effects on share count.

Repurchase authorization US$50 million of ADSs Maximum amount under share repurchase program
ADSs already repurchased 2.1 million ADSs Cumulative repurchases as of announcement date
Original program end date June 13, 2026 Initial 12-month term of repurchase authorization
Extended program end date June 13, 2027 Additional 12-month extension of repurchase program
Program approval date June 13, 2025 Date board initially approved share repurchase program
share repurchase program financial
"has authorized an extension of its existing share repurchase program"
A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.
American Depositary Shares financial
"repurchase up to US$50 million of its American Depositary Shares"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
MRO procurement service platform financial
"a leading maintenance, repair, and operations (“MRO”) procurement service platform in China"
safe harbor provisions regulatory
"pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995"
Safe harbor provisions are rules or legal protections that shield companies or individuals from certain penalties or liabilities when they follow specific guidelines or procedures. They provide a sense of security, encouraging compliance and innovation by reducing the fear of legal repercussions if they act in good faith. For investors, these provisions help ensure that companies are transparent and accountable without the risk of unfair punishment for honest mistakes.
forward-looking statements regulatory
"This press release contains forward-looking statements."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June 2026

 

Commission File Number: 001-41885

 

 

ZKH Group Limited

 

 

7/F, Tower 4, Libao Plaza, No. 36 Shenbin Road

Minhang District, Shanghai 201106

People’s Republic of China

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x Form 40-F ¨

 

 

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.    Description
99.1   Press Release

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  ZKH GROUP LIMITED
     
  By: /s/ Chun Chiu Lai
  Name: Chun Chiu Lai
  Title: Chief Financial Officer

 

Date: June 15, 2026

 

 

 

Exhibit 99.1

 

ZKH Group Limited Announces Extension of Share Repurchase Program

 

SHANGHAI, June 15, 2026 /PRNewswire/ -- ZKH Group Limited (“ZKH” or the “Company”) (NYSE: ZKH), a leading maintenance, repair, and operations (“MRO”) procurement service platform in China, today announced that its board of directors has authorized an extension of its existing share repurchase program, initially approved on June 13, 2025 (the “Share Repurchase Program”). Under the terms of the program, the Company is authorized to repurchase up to US$50 million of its American Depositary Shares (“ADSs”) over the next 12 months, ending on June 13, 2026. As of the date of this press release, the Company had repurchased approximately 2.1 million ADSs under the Share Repurchase Program. The Share Repurchase Program has now been extended for an additional 12-month period, through June 13, 2027, with all other terms and conditions remaining unchanged.

 

The share repurchases may be effected from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and will be implemented in accordance with applicable rules and regulations. The Company expects to fund the repurchases out of its existing cash balance.

 

About ZKH Group Limited

 

ZKH Group Limited (NYSE: ZKH) is a leading MRO procurement service platform in China, underpinned by robust supply chain capabilities and dedicated to serving customers globally through a product-led, agentic AI-driven approach. Through its primary online platforms, the ZKH platform, the GBB platform and the Northsky platform, along with innovative technology and extensive industry expertise, the Company provides bespoke MRO procurement solutions to a diverse and loyal customer base. These solutions encompass hyper-personalized product curation from a comprehensive selection of quality products at competitive prices. Additionally, the Company ensures timely and reliable product delivery through professional fulfillment services. By focusing on reducing procurement costs and addressing management efficiency challenges, ZKH is transforming the opaque MRO procurement process and empowering all stakeholders across the value chain.

 

For more information, please visit: https://ir.zkh.com.

 

Safe Harbor Statement

 

This press release contains forward-looking statements. These statements are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “may,” “will,” “expects,” “anticipates,” “aim,” “estimates,” “intends,” “plans,” “believes,” “is/are likely to,” “potential,” “continue,” and similar statements. Among other things, the quotations from management in this press release and ZKH’s strategic and operational plans contain forward-looking statements. ZKH may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press release and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ZKH’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: ZKH’s mission, goals and strategies; ZKH’s future business development, financial condition and results of operations; the expected changes in its revenues, expenses or expenditures; the expected growth of the MRO procurement service industry in China and globally; changes in customer or product mix; ZKH’s expectations regarding the prospects of its business model and the demand for and market acceptance of its products and services; ZKH’s expectations regarding its relationships with customers, suppliers, and service providers on its platform; competition in the Company’s industry; government policies and regulations relating to ZKH’s industry; general economic and business conditions in China and globally; the outcome of any current and future legal or administrative proceedings; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in ZKH’s filings with the SEC. All information provided herein is as of the date of this announcement, and ZKH undertakes no obligation to update any forward-looking statement, except as required under applicable law.

 

For investor and media inquiries, please contact:

 

ZKH Group Limited

IR Department

E-mail: IR@zkh.com

 

Christensen Advisory

Email: zkh@christensencomms.com

 

 

 

FAQ

What did ZKH Group Limited (ZKH) announce in this 6-K filing?

ZKH Group Limited announced an extension of its existing ADS share repurchase program by 12 months, to June 13, 2027. The program authorizes repurchases of up to US$50 million of American Depositary Shares, offering flexibility to return capital via open-market and other transactions.

How large is ZKH Group’s share repurchase program and what is the timeline?

The program authorizes ZKH Group to repurchase up to US$50 million of American Depositary Shares. Initially approved on June 13, 2025, it was set to run through June 13, 2026 and is now extended for another 12 months, through June 13, 2027.

How many ADSs has ZKH Group (ZKH) repurchased so far under the program?

As of this announcement, ZKH Group has repurchased approximately 2.1 million American Depositary Shares under its share repurchase program. This figure reflects cumulative activity since the program’s approval in June 2025 and indicates active use of the authorization to date.

How will ZKH Group fund its extended share repurchase program?

ZKH Group expects to fund share repurchases from its existing cash balance. This means the company does not reference raising new debt or equity specifically for the program, and buybacks will draw on cash already on its balance sheet, subject to market conditions.

What methods can ZKH Group use to repurchase its ADSs?

ZKH Group may repurchase ADSs on the open market, in privately negotiated transactions, in block trades, or through other legally permissible means. The timing and method of repurchases will depend on market conditions and applicable rules and regulations.

What type of business does ZKH Group Limited (ZKH) operate?

ZKH Group Limited operates a leading maintenance, repair, and operations (MRO) procurement service platform in China. Through its ZKH, GBB, and Northsky platforms, it offers tailored MRO product curation, competitive pricing, and professional fulfillment services to a diverse customer base.

Filing Exhibits & Attachments

1 document