J&T Global Express trims share float with HK$27.36 million buyback

Bulletin Express04-29

J&T Global Express Limited disclosed that it repurchased 2.72 million weighted-voting-rights (WVR) B-class ordinary shares on 29 April 2026 through on-exchange transactions. The shares were bought at prices ranging from HK$9.93 to HK$10.10, translating into a volume-weighted average price of HK$10.06 per share and an aggregate consideration of HK$27.36 million.

Following the transaction, the company’s issued share capital (excluding treasury shares) fell to 7.91 billion, down by 0.0344%. Treasury shares rose to 20.59 million, while the total number of issued shares remained unchanged at 7.93 billion.

The buyback forms part of a mandate approved on 18 June 2025 that authorises the company to repurchase up to 889.65 million shares. Including the latest purchase, J&T Global Express has repurchased 27.81 million shares under this mandate, equivalent to 0.31% of the issued share base on the mandate date.

Under Hong Kong Stock Exchange rules, the company is subject to a moratorium on issuing new shares or disposing of treasury shares until 29 May 2026. Management confirmed that the buyback complied with listing regulations and that no material changes have been made to the previously filed explanatory statement.

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