J&T Express-W buys back 1.97 million shares for HKD 19.50 million, issued share count slips to 7.90 billion

Bulletin Express05-04

J&T Global Express Limited (J&T Express-W) disclosed in a Next Day Disclosure Return filed on 4 May 2026 that it repurchased 1.97 million Class B weighted-voting ordinary shares on the Hong Kong Stock Exchange the same day. The on-market repurchase was executed at prices ranging from HKD 9.82 to HKD 9.99 per share, for an aggregate consideration of approximately HKD 19.50 million.

Post-transaction, J&T Express-W’s issued share capital (excluding treasury shares) fell by 0.02 percentage points to 7.90 billion shares, while treasury shares rose to 24.94 million. The total issued share count, including treasury shares, remained unchanged at 7.93 billion.

The buyback was carried out under the repurchase mandate granted on 18 June 2025, which authorises the company to repurchase up to 889.65 million shares. To date, 32.16 million shares—equal to 0.36% of the company’s issued share base at the time the mandate was approved—have been repurchased on the Exchange. All 1.97 million shares acquired on 4 May 2026 are being held as treasury shares; none have been cancelled.

In accordance with Hong Kong listing rules, J&T Express-W is subject to a moratorium on issuing new shares or transferring treasury shares until 3 June 2026. The company confirmed that the transaction complied with Main Board Rule 10.06 and that no material changes have occurred in the explanatory statement dated 27 May 2025 accompanying the repurchase mandate.

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