ZTO Express (Cayman) Inc. (02057) Reports Unchanged Share Capital and Ongoing Repurchases

Bulletin Express
Feb 20

ZTO Express (Cayman) Inc. (02057) released a Next Day Disclosure Return dated 20 February 2026. The filing shows that from 13 February 2026 to 19 February 2026, the number of Class A ordinary shares issued remained at 589.43 million, while the total issued and outstanding shares (including Class B shares) stood at 795.53 million.

According to the announcement, multiple repurchases of American Depository Shares (ADS), each representing one Class A ordinary share, are still pending cancellation. The largest single block repurchase was carried out on 4 February 2026, involving 18.25 million shares at a price of HKD 179.10 per share. Additional U.S.-based repurchases were made between 10 February and 19 February 2026 at prices ranging from USD 24.49 to USD 25.46 per ADS.

The company’s recent repurchases on 17, 18, and 19 February 2026 reached a total of 1.83 million shares, with an aggregate purchase price of USD 46.30 million. A repurchase mandate dated 17 June 2025 authorized up to 80.45 million shares for buyback, and the filing confirms a moratorium period on any new issue of shares through 21 March 2026 following these repurchases.

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