J&T Express Repurchases 9.44 Million Shares for HKD 78.45 Million, Boosting Treasury Stock to 41.98 Million

Bulletin Express
06/11

J&T Express reported the buy-back of 9.44 million Class B weighted-voting ordinary shares on 11 June 2026 via on-market transactions on the Hong Kong Stock Exchange. The purchases were executed at prices ranging from HKD 7.76 to HKD 8.79 per share, with a volume-weighted average cost of HKD 8.31. Total consideration amounted to HKD 78.45 million.

Following the transaction, J&T Express’s issued share capital (excluding treasury shares) fell 0.11% to 8.75 billion shares, while treasury shares increased to 41.98 million. The company’s overall share count remains unchanged at 8.79 billion shares, as the repurchased stock is being held in treasury rather than cancelled.

The buy-back forms part of a broader repurchase mandate approved on 18 June 2025 that authorises the company to repurchase up to 889.65 million shares. To date, 49.20 million shares—equivalent to 0.55% of the issued share base on the mandate date—have been repurchased under this authority. In line with Hong Kong listing rules, J&T Express is subject to a moratorium on issuing new shares or disposing of treasury shares until 11 July 2026.

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