ZTO Express-W (02057) announced on August 21 that it spent $4.9954 million to repurchase 232,400 shares, with each share priced between $21.34 and $21.72.

This buyback reflects the company's ongoing capital management strategy, aimed at enhancing shareholder value through active market participation. The repurchase was executed at a range that indicates management's confidence in the stock's current valuation levels.

Following the transaction, the company's total repurchased shares for the period will be updated in subsequent filings, as part of its broader share repurchase program.