ZTO Express Completes 2.83 Million-Share Buyback in August; Outstanding Share Capital Unchanged

Bulletin Express
10 hours ago

ZTO Express (Cayman) Inc. disclosed that it repurchased 2.83 million American Depositary Shares (ADSs), each representing one Class A ordinary share, between 12 August and 31 August 2026 on the New York Stock Exchange. The weighted average prices ranged from USD 21.12 to USD 23.00 per share.

Despite the buybacks, the issued share capital remained at 557.33 million Class A shares and 206.10 million Class B shares, or 763.43 million shares in total, as the repurchased stock had not yet been cancelled by 31 August 2026.

Under the current mandate granted on 16 June 2026, the company is authorised to repurchase up to 76.60 million shares. Including the latest transactions, 5.40 million shares have been bought back, utilising approximately 7.05 % of the authorised limit and accounting for 0.71 % of the issued shares outstanding on the mandate date.

The most recent transaction on 31 August 2026 involved 234,241 ADSs at prices between USD 21.25 and USD 21.53, for a total consideration of USD 4.99 million. All repurchases were executed in compliance with Hong Kong Stock Exchange listing rules and applicable U.S. market regulations.

A moratorium limits any new share issue or sale of treasury shares until 30 September 2026.

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