ZTO Express Announces Share Repurchase and Cancellation

ZTO Express (ZTO) has released an update.

ZTO Express, a Cayman Islands-incorporated company with weighted voting rights, has reported a decrease in its Class A ordinary shares by 2,527,481 units, a 0.31% change, following a share repurchase and cancellation carried out on various dates in July 2024. The repurchase price per share was set at USD 19.76, resulting in a new total of 604,239,182 issued shares as of August 29, 2024. The company has confirmed compliance with all relevant listing rules and regulatory requirements in executing these changes.

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