ZTO Express details share repurchases, mandate utilization

ZTO Express (Cayman) Inc. submitted its Next Day Disclosure Return on October 13, 2025, detailing recent changes in its issued and treasury shares. The company's total issued shares remained at 598,368,490 Class A ordinary shares as of October 10, 2025. The report highlighted several American Depository Share (ADS) repurchases that have not yet been cancelled, occurring between September 24 and October 10, 2025. These repurchases involved varying numbers of ADSs, ranging from 3,807 to 423,128, at prices between $18.65 and $19.60 per ADS.

On October 10, 2025, a total of 423,128 Class A ordinary shares were repurchased on the New York Stock Exchange. The aggregate price paid for these repurchases amounted to $7,892,310.39, with a highest repurchase price of $18.99 and a lowest of $18.47. These repurchased shares are currently held for cancellation.

The company's repurchase mandate, granted on June 17, 2025, authorizes the repurchase of 80,446,849 shares. As of the disclosure date, ZTO Express has repurchased 3,023,678 shares on the Exchange or another stock exchange, representing 0.3759% of the issued shares (excluding treasury shares) at the time the mandate was granted. A moratorium period for new share issues or sales of treasury shares after these repurchases is in effect until November 9, 2025.