ZTO Express-W (HKEX: 02057) has filed a Next Day Disclosure Return with the Hong Kong Stock Exchange dated 12 October 2026, detailing recent share-capital movements and buyback activity.

The company’s issued share capital remains at 763.43 million shares, comprising 557.33 million Class A ordinary shares and 206.10 million Class B ordinary shares with weighted voting rights. No new shares were issued or cancelled between 8 October and 9 October 2026, leaving the outstanding share count unchanged.

Between 12 August and 9 October 2026 (U.S. trading dates), ZTO repurchased 13.58 million Class A ordinary shares in the form of American depositary shares (ADSs). These shares, yet to be cancelled as of 9 October, equal roughly 1.78% of the company’s total issued share base. Repurchase prices ranged from USD 19.26 to USD 22.98 per share, with a volume-weighted average cost of about USD 20.55 per share, bringing the aggregate consideration to approximately USD 278.89 million.

A further 100 shares were acquired on 9 October 2026 on the New York Stock Exchange at USD 19.99 each; these are earmarked for cancellation. Cumulatively, ZTO has bought back 16.14 million shares under the shareholder mandate approved on 16 June 2026, utilising 21.10% of the 76.60 million-share repurchase limit and representing 2.11% of the issued shares outstanding on the mandate date.

Pursuant to Hong Kong Listing Rules, the company is subject to a moratorium on new share issues or treasury-share sales until 8 November 2026 following its latest buyback.