J&T Global Express Completes HK$15.64 Million Share Buyback, Adds 1.51 Million WVR Shares to Treasury

Bulletin Express04-24 18:03

J&T Global Express Limited completed an on-market repurchase of 1.51 million Class B weighted-voting-rights (WVR) ordinary shares on 24 April 2026. The buyback, executed on the Hong Kong Stock Exchange, was priced between HK$10.26 and HK$10.42 per share, translating to a volume-weighted average cost of HK$10.36 and an aggregate consideration of HK$15.64 million.

Following the transaction, the company’s issued share capital (excluding treasury shares) declined by 0.0191% to 7.91 billion shares, while treasury shares rose from 11.80 million to 13.31 million. Total shares in issue, inclusive of treasury stock, remained unchanged at 7.93 billion.

The repurchase forms part of the mandate approved on 18 June 2025, which authorises J&T Global Express to buy back up to 889.65 million shares. Cumulative repurchases under this mandate have reached 20.53 million shares, equivalent to 0.23% of the company’s issued share base at the mandate date.

All 1.51 million shares acquired on 24 April 2026 are being retained as treasury shares; none have been cancelled. Under Hong Kong Stock Exchange rules, J&T Global Express is subject to a 30-day moratorium—lasting until 24 May 2026—on issuing new shares or selling treasury shares following this repurchase.

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