ZTO Express (Cayman) Inc. (02057) submitted a Next Day Disclosure Return on 12 February 2026. The opening and closing balances of its Class A ordinary shares were both 589,428,169 on 10 and 11 February 2026, respectively, reflecting no net change in listed shares.

According to the filing, 18,254,400 shares were repurchased on 4 February 2026 at HKD 179.1 in connection with an offering of convertible senior notes. An additional 611,965 American depositary shares (ADS), each representing one Class A ordinary share, were repurchased on 10 February 2026 (U.S. time) at a repurchase price of USD 24.53. Another 612,365 ADS were repurchased on 11 February 2026 (U.S. time) at a repurchase price of USD 24.91. The percentage impact of these repurchases on the company’s total outstanding shares was stated as 0.08% by reference to 795,528,169 issued and outstanding shares in total (including 206,100,000 Class B ordinary shares).

Additionally, the repurchase report disclosed that on 11 February 2026, 612,365 shares were repurchased on the New York Stock Exchange with a highest repurchase price per share of USD 25.02 and a lowest price of USD 24.73, resulting in an aggregate cost of USD 15,255,543.06. All repurchased shares are designated for cancellation, and no shares have been repurchased for holding as treasury shares. The company’s repurchase mandate was granted on 17 June 2025 for up to 80,446,849 shares, of which 10,164,651 have been repurchased so far.

The moratorium period for any issue of new shares or sale or transfer of treasury shares following these repurchases is stated to continue up to 13 March 2026.