J&T Express-W Buys Back 1.75 Million Shares for HKD 15.66 Million; Issued Share Count Edges Down

Bulletin Express10-27 20:04

J&T Global Express Limited (J&T Express-W) reported a share repurchase on 27 October 2026, acquiring 1.75 million Class B weighted-voting-right (WVR) ordinary shares on the Hong Kong Stock Exchange.

The buyback was executed within a price range of HKD 8.87 to HKD 9.11 per share, representing a volume-weighted average cost of roughly HKD 8.95. The total consideration amounted to HKD 15.66 million. All repurchased shares have been retained as treasury shares; none were cancelled.

Key capital movements following the transaction: • Issued shares (excluding treasury shares) fell by 1.75 million, a 0.02% reduction, to 8.58 billion. • Treasury shares increased to 97.95 million. • The total share count remained unchanged at 8.68 billion.

The repurchase formed part of the mandate approved on 25 June 2026, which authorises J&T Express-W to buy back up to 967.47 million shares. Cumulative repurchases under this mandate now stand at 124.74 million shares, equivalent to 1.29% of the company’s issued share base on the mandate date.

In line with Hong Kong listing rules, the latest repurchase triggers a 30-day moratorium on new share issues or sales/transfer of treasury shares, lasting until 26 November 2026.

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