J&T Global Express buys back 4.27 million WVR B shares for HK$39.18 million, treasury stock rises to 104 million units

Bulletin Express07-13

J&T Global Express Limited, a weighted voting rights (WVR) issuer listed in Hong Kong, repurchased 4.27 million Class B WVR ordinary shares on 13 July 2026 via on-market transactions. The shares were bought at prices ranging between HK$9.11 and HK$9.19, representing a volume-weighted average cost of HK$9.1759 per share and an aggregate consideration of HK$39.18 million.

Following the transaction, the company’s treasury share balance increased to 104.02 million shares from 99.75 million, while total issued share capital remained unchanged at 8.79 billion shares. Shares in public hands (issued shares excluding treasury shares) declined by 4.27 million to 8.69 billion, a 0.0491% reduction.

The buy-back was executed under the general mandate approved on 25 June 2026, which authorises the company to repurchase up to 967.47 million shares. Cumulative repurchases under this mandate now stand at 15.85 million shares, equivalent to 0.16% of the company’s issued shares on the mandate date. All repurchased shares have been retained as treasury stock; none have yet been cancelled.

In line with Hong Kong Stock Exchange requirements, J&T Global Express is subject to a moratorium on new share issues or treasury-share disposals until 12 August 2026. The company affirmed that the repurchase complied with all relevant Main Board rules and its previously published Explanatory Statement.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment