J&T Express cuts 0.05% of outstanding shares via HKD 39.16 million on-market buyback

Bulletin Express07-14 21:40

J&T Global Express Limited (J&T Express-W) reported that on 14 July 2026 it repurchased 4.28 million Class B WVR ordinary shares on the Hong Kong Stock Exchange, utilising its general buy-back mandate approved on 25 June 2026.

The transaction was executed within a price range of HKD 9.13 to HKD 9.20 per share, translating into a volume-weighted average of HKD 9.1504 and a total consideration of HKD 39.16 million.

Post-transaction, the company’s issued share capital (excluding treasury shares) fell from 8.69 billion to 8.68 billion shares, a reduction of 0.0493%. Correspondingly, treasury shares increased to 108.30 million, while the total share count remained unchanged at 8.79 billion.

Since receiving shareholder authorisation to repurchase up to 967.47 million shares, J&T Express has bought back 20.13 million shares, equivalent to 0.21% of the shares outstanding on the mandate date. All repurchased shares to date are held in treasury; none have been cancelled.

Under Hong Kong listing rules, the company is subject to a moratorium on issuing new shares or disposing of treasury shares until 13 August 2026.

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