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ZTO Express Announces Strategic Share Repurchase
Company Announcements

ZTO Express Announces Strategic Share Repurchase

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Invest with Confidence:

The latest update is out from ZTO Express ( (ZTO) ).

ZTO Express announced the repurchase of 972,865 American Depository Shares, equivalent to Class A ordinary shares, on December 13, 2024, at an average price of USD 19.24 per share. This move, which represents 0.12% of the total issued shares, emphasizes the company’s strategic efforts to manage its share capital and potentially enhance shareholder value.

More about ZTO Express

ZTO Express (Cayman) Inc., incorporated in the Cayman Islands, operates in the logistics and delivery industry. It is listed on the Stock Exchange of Hong Kong and manages its business through weighted voting rights.

YTD Price Performance: -5.52%

Average Trading Volume: 3,205,505

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $15.51B

See more data about ZTO stock on TipRanks’ Stock Analysis page.

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