J&T Global Express Limited has approved an on-market share buy-back plan that authorises the repurchase of up to 967.47 million Class B shares, representing no more than 10% of the company’s issued share capital (excluding treasury shares) as at the 25 June 2026 annual general meeting.

The maximum financial commitment is capped at HKD2.00 billion, to be funded by existing cash reserves and free cash flow. Repurchases will be executed in the open market under the previously granted general mandate and will be settled in cash.

Management stated that the current trading price undervalues the group’s performance and intrinsic value. The buy-back is intended to optimise capital structure while preserving resources for ongoing expansion in Southeast Asia, China and selected other markets, including Saudi Arabia, the UAE, Mexico, Brazil and Egypt.

Execution of the plan remains subject to prevailing market conditions and full compliance with the company’s articles of association, Hong Kong Listing Rules, Cayman Islands law and all other applicable regulations. No assurance is given on the timing, quantity or price of any repurchase. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.