ZTO Express details extensive share repurchases over recent months

ZTO Express (Cayman) Inc. submitted a Next Day Disclosure Return on November 5, 2025, detailing a series of share repurchases between September 24, 2025, and November 4, 2025. The company’s issued Class A ordinary shares stood at 598,368,490 as of November 4, 2025. The repurchases were made on the New York Stock Exchange, with 351,243 shares repurchased on November 4, 2025, alone. The aggregate price paid for these specific repurchases was $6,571,616.03, with the repurchase price per share ranging from $18.52 to $18.81.

Over the disclosed period, ZTO Express repurchased substantial quantities of American Depository Shares (ADS), each representing one Class A ordinary share. Notable daily repurchase figures include 395,651 shares on September 24, 2025, at $19.00 per share, 417,114 shares on September 29, 2025, at $19.60 per share, and 450,069 shares on October 13, 2025, at $18.71 per share. The largest single-day repurchase was 450,069 shares on October 13, 2025, and October 14, 2025.

The total number of shares repurchased under the existing mandate on the Exchange or another stock exchange now stands at 6,990,523. This represents 0.869% of the number of issued shares as at the date of the resolution granting the repurchase mandate, which was June 17, 2025. The company is authorized to repurchase a total of 80,446,849 shares under this mandate. A moratorium period for any new share issues or sales/transfers of treasury shares after the repurchases is set until December 4, 2025.