ZTO Express-W (ZTO; HK 02057) disclosed that from 20 May to 12 June 2026 it repurchased 3.68 million American depositary shares (each representing one Class A ordinary share) on the New York Stock Exchange. The company paid an aggregate USD 82.92 million at an average price of approximately USD 22.51 per ADS, with daily prices ranging between USD 22.03 and USD 23.00.

All repurchased ADS—totalling 3.68 million units—remain uncancelled as at 12 June 2026, leaving the company’s issued share capital unchanged at 563.80 million Class A ordinary shares and 206.10 million Class B ordinary shares (total 769.90 million shares). Once cancelled, the buys would equate to a 0.65 % reduction in the Class A share count and about 0.48 % of the group’s total issued shares.

The latest single-day transaction, executed on 12 June 2026, involved 218,556 ADS repurchased at prices between USD 22.78 and USD 23.00, costing USD 5.00 million.

These transactions form part of the share-repurchase mandate approved on 17 June 2025, which authorises ZTO to buy back up to 80.45 million shares. After the most recent purchases, cumulative repurchases under this mandate stand at 19.99 million shares, representing 2.49 % of the share base at the mandate date.

In line with Hong Kong Stock Exchange rules, ZTO is subject to a moratorium on issuing new shares or disposing of treasury shares until 12 July 2026. The company confirmed that all repurchases were conducted in accordance with the NYSE’s regulations and HKEX listing requirements, with all requisite approvals and filings completed.