J&T Global Express Limited (J&T EXPRESS-W) has trimmed its free-float after repurchasing 1.49 million Class B weighted-voting-right (WVR) ordinary shares on 21 April 2026. The shares were bought on the Hong Kong Stock Exchange at prices ranging between HKD 10.40 and HKD 10.52, translating into a volume-weighted average cost of HKD 10.48 per share and a total consideration of HKD 15.61 million.
The transaction reduced the company’s issued share capital (excluding treasury shares) by 0.02% to 7.92 billion shares, while treasury stock rose from 6.57 million to 8.06 million shares. The overall share count—including treasury shares—remained at 7.93 billion.
The latest purchase forms part of the repurchase mandate granted on 18 June 2025, which authorises buybacks of up to 889.65 million shares. Cumulative repurchases under this mandate now stand at 15.28 million shares, equal to 0.17% of the shares outstanding when the mandate was approved.
Pursuant to Hong Kong listing rules, J&T Global Express is restricted from issuing new shares or disposing of treasury shares until 21 May 2026, 30 days after the most recent buyback.
Comments