ZTO Express details November 11 share repurchases

ZTO Express (Cayman) Inc. submitted its Next Day Disclosure Return on November 12, 2025, detailing a recent share repurchase. The company repurchased 11,564 American Depository Shares (ADS), representing an equal number of Class A ordinary shares, on November 11, 2025, U.S. time. These repurchases were executed on the New York Stock Exchange.

The highest and lowest repurchase prices per share were $18.99 and $18.98, respectively, resulting in an aggregate price paid of $219,593.42. The percentage of issued shares (excluding treasury shares) before this event was calculated based on a total of 804,468,490 shares, comprising 598,368,490 Class A ordinary shares and 206,100,000 Class B ordinary shares. As of the closing balance date of November 11, 2025, the total number of Class A ordinary shares (excluding treasury shares) remained at 598,368,490, with zero treasury shares held.

The disclosure also noted that 11,564 shares were repurchased but not yet cancelled. The company's repurchase mandate, granted on June 17, 2025, authorized the repurchase of 80,446,849 shares. To date, 8,049,306 shares have been repurchased on exchanges, representing 1.0006% of the issued shares as of the resolution date. A moratorium period for new share issues or sales of treasury shares after the repurchase is in effect until December 11, 2025.