ZTO Express (Cayman) Inc. (02057) Publishes Next Day Disclosure Return and Reports Share Repurchases

Bulletin Express
2 hours ago

ZTO Express (Cayman) Inc. (02057), a weighted voting rights issuer incorporated in the Cayman Islands, published its Next Day Disclosure Return dated 23 February 2026. The disclosure indicates that from 19 February 2026 to 20 February 2026, the number of issued Class A ordinary shares remained at 589.43 million shares.

Multiple share repurchases took place between 4 February 2026 and 20 February 2026, including 18.25 million shares repurchased on 4 February 2026 at HKD 179.10 and several additional transactions on the New York Stock Exchange. On 20 February 2026, the company repurchased 0.61 million shares at prices ranging between USD 25.03 and USD 25.42, totaling USD 15.47 million. This final transaction accounted for 0.08% of the total outstanding 795.53 million shares (combining Class A and Class B).

Under a repurchase mandate dated 17 June 2025, ZTO Express (Cayman) Inc. is authorized to repurchase up to 80.45 million shares. According to the announcement, 13.83 million shares have been repurchased under this mandate, representing 1.72% of the total issued shares as of the resolution date. After these repurchases, the moratorium period for any new share issuance or treasury share sale runs until 22 March 2026.

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