ZTO Express-W Adds 226,742 ADS Buyback on 9 June; Total Repurchases Reach 19.33 Million Shares Under 2025 Mandate

Bulletin Express
06/10

On 10 June 2026, ZTO Express-W (formally ZTO Express (Cayman) Inc.) filed a Next Day Disclosure Return in Hong Kong detailing its latest share repurchase on the New York Stock Exchange (NYSE).

On 9 June 2026 (U.S. time) the company bought back 226,742 American depositary shares (ADSs), equivalent to 226,742 Class A ordinary shares, at prices between USD 21.88 and USD 22.36. The aggregate consideration totalled USD 4.99 million.

The 9 June transaction follows 13 repurchase sessions conducted between 20 May and 8 June 2026, during which ZTO Express-W acquired 2.79 million ADSs for approximately USD 63.0 million at an average price of about USD 22.42 per ADS. Including the latest trade, 3.02 million ADSs are currently pending cancellation.

Under the repurchase mandate approved on 17 June 2025, the company is authorised to buy back up to 80.45 million shares. Cumulative repurchases now stand at 19.33 million shares, or 2.40 % of the issued share base as of the mandate date.

ZTO Express-W’s share capital remains at 769.90 million shares—563.80 million Class A shares and 206.10 million Class B shares—because the repurchased shares have not yet been cancelled.

Pursuant to Hong Kong Listing Rule 10.06(3)(a), the company is restricted from issuing new shares or transferring treasury shares until 9 July 2026 following the latest buyback.

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