ZTO Express (Cayman) Inc. (02057) Releases Next Day Disclosure Return and Share Repurchase Update

Bulletin Express
Nov 05

ZTO Express (Cayman) Inc. (Stock Code: 02057) filed a Next Day Disclosure Return covering its Class A ordinary shares and recent share repurchase activities. The filing shows that on November 4, 2025, the total number of issued Class A ordinary shares remained at 598,368,490. No treasury shares were held, and the overall share count, comprising 598,368,490 Class A shares and 206,100,000 Class B shares, stood at 804,468,490.

Between September 24 and November 4, 2025, the company conducted multiple repurchases of American depositary shares (ADS), each representing one Class A ordinary share. The most recent took place on November 4, 2025 (U.S. time), with 351,243 ADS purchased at USD 18.71 per share, representing approximately 0.04% of the company’s total outstanding shares.

According to the repurchase report, on November 4, 2025, 351,243 shares were repurchased on the New York Stock Exchange at prices ranging from USD 18.52 to USD 18.81, totaling USD 6,571,616.03. These shares are designated for cancellation. The filing also indicates that, as of June 17, 2025, a share repurchase mandate covered up to 80,446,849 shares. So far, 6,990,523 shares have been repurchased under this mandate, representing 0.869% of total shares as of the mandate date. A moratorium on new share issues or sales of treasury shares is effective until December 4, 2025, following the repurchases disclosed.

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