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The latest update is out from ZTO Express ( (ZTO) ).
ZTO Express announced changes in its issued shares, specifically regarding the repurchase of American depository shares (ADS). The company repurchased a total of 4,535,949 ADS on various dates in December 2024, with the transactions conducted on the New York Stock Exchange at varying prices. These repurchases reflect ZTO Express’s strategic financial management to manage its share capital effectively. The announcement confirms compliance with all applicable listing rules and regulatory requirements, ensuring transparency and adherence to corporate governance standards.
More about ZTO Express
ZTO Express (Cayman) Inc. is a company incorporated in the Cayman Islands with limited liability, controlled through weighted voting rights. It operates as an equity issuer and is listed on the Stock Exchange of Hong Kong Limited. The company is involved in providing express delivery services, primarily focusing on the Chinese market.
YTD Price Performance: -3.00%
Average Trading Volume: 3,311,517
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $15.75B
For an in-depth examination of ZTO stock, go to TipRanks’ Stock Analysis page.
