J&T Global Express Limited (“J&T Express”), a Cayman-incorporated courier group with weighted voting right (WVR) structure, disclosed that it repurchased 1.04 million Class B WVR ordinary shares on 17 April 2026 via on-market transactions on the Hong Kong Stock Exchange.
The buyback was executed at prices ranging between HKD 10.40 and HKD 10.47 per share, for a volume-weighted average cost of HKD 10.46. The aggregate consideration amounted to HKD 10.87 million.
Following the transaction, J&T Express’ outstanding share count (excluding treasury shares) decreased marginally by 0.013% to 7.92 billion shares, while treasury share holdings increased to 5.08 million shares. The company’s total issued share capital remained unchanged at 7.93 billion shares.
The repurchase forms part of the mandate approved on 18 June 2025, which authorises the company to buy back up to 889.65 million shares. Including the latest transaction, cumulative repurchases under this mandate total 12.30 million shares, equivalent to 0.14% of the shares outstanding on the mandate date.
Under Hong Kong listing rules, J&T Express is restricted from issuing new shares or selling treasury shares for 30 days following the repurchase, setting a moratorium period through 17 May 2026.