ZTO Express Repurchases 0.96 Million ADS; Total Buybacks Reach 3.53 Million Under 2026 Mandate

Bulletin Express
08/20

ZTO Express (Cayman) Inc., a weighted-voting-rights issuer listed in Hong Kong and the U.S., filed a Next Day Disclosure Return dated 20 August 2026 detailing its latest share repurchase activity.

The company’s issued share capital remained unchanged at 557.33 million Class A ordinary shares and 206.10 million Class B ordinary shares, for a combined 763.43 million shares. No new shares were issued and no treasury shares were outstanding as of 19 August 2026.

Between 12 and 19 August 2026, ZTO Express repurchased 959,871 American depositary shares (ADS), each representing one Class A share. The purchases were executed on the New York Stock Exchange at daily volume-weighted average prices ranging from USD 21.56 to USD 23.00, for an estimated aggregate consideration of USD 21.67 million.

The most recent tranche, completed on 19 August 2026, involved 231,703 ADS at prices between USD 21.37 and USD 22.17, costing USD 4.99 million. All repurchased shares are slated for cancellation.

Since shareholders approved a buyback mandate on 16 June 2026 authorising up to 76.60 million shares, the company has reacquired 3.53 million shares, equivalent to 0.46% of the issued share base at the mandate date. Approximately 73.07 million shares remain available for repurchase under the current authorisation.

Under Hong Kong listing rules, ZTO Express is subject to a 30-day moratorium on issuing new shares following the latest buyback, ending 18 September 2026. The company confirmed that all repurchases complied with regulatory requirements on both the Hong Kong Stock Exchange and the New York Stock Exchange.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10