ZTO Express Repurchases 137,888 ADS on 29 Oct; Cumulative Buybacks Reach 17.31 Million Shares Under 2026 Mandate

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ZTO Express (Cayman) Inc. (ZTO) disclosed that it repurchased 137,888 American depositary shares—equivalent to 137,888 Class A ordinary shares—on 29 October 2026 via the New York Stock Exchange. The securities were acquired within a price range of USD 19.79 to USD 19.91, for an aggregate consideration of USD 2.74 million (average purchase price: USD 19.83).

Including this latest transaction, ZTO has bought back a total of 17.31 million Class A shares since shareholders granted a repurchase mandate on 16 June 2026. The purchases represent 2.26% of the company’s issued share capital at the date of that mandate and utilise roughly 22.6% of the 76.60 million shares authorised for buyback.

As at 29 October 2026, ZTO’s issued share capital remains unchanged at 763.43 million shares—comprising 557.33 million Class A ordinary shares and 206.10 million Class B ordinary shares—because the repurchased shares have not yet been cancelled. A cumulative 14.74 million repurchased shares, acquired between 12 August and 29 October 2026 at prices ranging from USD 19.26 to USD 22.98 per share, are awaiting cancellation.

The board confirmed that all repurchases were executed in compliance with Hong Kong Stock Exchange Main Board Rules and relevant U.S. regulations. Pursuant to HKEX Rule 10.06(3)(a), ZTO is subject to a moratorium on issuing new shares or selling treasury shares until 28 November 2026.

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