FilingReader Intelligence

ZTO Express repurchases shares for $7.5m

September 25, 2025 at 04:19 AM UTCBy FilingReader AI

ZTO Express (Cayman) Inc. announced a repurchase of 395,651 American Depository Shares (ADSs), representing 395,651 Class A ordinary shares, on September 24, 2025, U.S. time. The repurchase, conducted on the New York Stock Exchange, involved a weighted average price of $19.00 per share. The highest price was $19.29 and the lowest was $18.76. The aggregate price paid for these shares amounted to $7,515,430.31. These repurchased shares are currently held and not yet cancelled.

The repurchase represents 0.05% of the company’s existing issued shares (excluding treasury shares) before the event. This calculation is based on a total of 804,468,490 issued and outstanding shares, comprising 598,368,490 Class A ordinary shares and 206,100,000 Class B ordinary shares. Following the repurchase, the company's closing balance of issued shares (excluding treasury shares) remains at 598,368,490 Class A ordinary shares as of September 24, 2025, as the repurchased shares are not yet cancelled.

The company has a repurchase mandate granted on June 17, 2025, authorizing the repurchase of up to 80,446,849 shares. This recent repurchase accounts for 395,651 shares, representing 0.0492% of the authorized mandate. A moratorium period for any new share issues or sales of treasury shares after this repurchase extends until October 24, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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