J&T Global Express Cuts Float by 2.27 Million Shares via HK$23.23 Million Buyback

Bulletin Express04-27

On 27 April 2026, J&T Global Express Limited (J&T Express-W) executed an on-market repurchase of 2.27 million Class B weighted-voting-rights ordinary shares on the Hong Kong Stock Exchange, paying an aggregate HK$23.23 million. The transaction was carried out within a price range of HK$10.12 to HK$10.36 per share, translating into a volume-weighted average cost of approximately HK$10.23.

Post-transaction, the company’s issued share count (excluding treasury shares) fell to 7.91 billion from 7.91 billion, a 0.03% reduction, while treasury shares increased to 15.58 million. The total number of shares outstanding, including treasury shares, remained unchanged at 7.93 billion.

The shares repurchased represent 0.0287% of the company’s prior issued share capital. All repurchased shares have been retained as treasury shares; none were cancelled.

The buyback formed part of the repurchase mandate granted on 18 June 2025, which authorises the company to repurchase up to 889.65 million shares. Cumulative repurchases under this mandate now stand at 22.80 million shares, equating to 0.2563% of the issued share base at the time the mandate was approved.

In line with Hong Kong Stock Exchange regulations, J&T Global Express is subject to a moratorium on issuing new shares or disposing of treasury shares until 27 May 2026.

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