ZTO Express ( (ZTO) ) has issued an update.
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ZTO Express announced a series of share repurchases involving American depository shares representing class A ordinary shares, conducted on December 13, 16, and 17, 2024. The repurchases, totaling approximately 2.57 million shares, were performed under a previously authorized repurchase mandate, with the most recent acquisition on the New York Stock Exchange amounting to over $12.2 million. These strategic moves are part of ZTO’s efforts to manage its share structure, potentially impacting shareholder value and market perception.
More about ZTO Express
ZTO Express (Cayman) Inc. operates in the logistics and express delivery industry, providing efficient parcel delivery services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange, focusing on leveraging weighted voting rights to manage its operations and business strategies.
YTD Price Performance: -1.38%
Average Trading Volume: 3,314,171
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $15.66B
Find detailed analytics on ZTO stock on TipRanks’ Stock Analysis page.
