ZTO Express (Cayman) Inc. disclosed that on 6 July 2026 it repurchased 90,094 American depositary shares (ADSs), each representing one Class A ordinary share, on the New York Stock Exchange.
• Repurchase price: USD 22.83–23.00 per ADS, for a total consideration of USD 2.07 million. • All 90,094 shares will be cancelled; none will be held as treasury shares.
Aggregate progress under current mandate
• Shareholders authorised a repurchase mandate on 16 June 2026 covering up to 76.60 million shares. • From 20 May to 6 July 2026, ZTO repurchased 2.57 million ADSs, equating to 0.34% of the company’s issued share capital at the mandate date. • Cumulative cash outlay for the disclosed transactions totals roughly USD 57.92 million, based on the stated daily prices.
Capital structure unchanged
• Issued share capital remains at 769.90 million shares, comprising 563.80 million Class A and 206.10 million Class B ordinary shares. • No treasury shares were outstanding at the period end.
Post-buyback constraints
• In line with Hong Kong Stock Exchange rules, ZTO is subject to a moratorium on issuing new shares until 5 August 2026.
The company confirmed that all repurchases complied with listing rules in both Hong Kong and the United States, and that there have been no material changes to the explanatory statement filed on 17 April 2026.
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