ZTO Express Maintains Stable Share Capital
Company Announcements

ZTO Express Maintains Stable Share Capital

ZTO Express (ZTO) has released an update.

ZTO Express (Cayman) Inc. has confirmed in its latest report that there have been no changes in their authorised or issued share capital for the month ending September 2024. The total authorised share capital remains at USD 1,000,000, with the number of Class A and Class B WVR ordinary shares staying constant at 604,239,182 and 206,100,000 respectively. The report also notes that the board approved an interim dividend of $0.35 per share, consequently adjusting the conversion price of their 2027 Notes to USD 29.7920 per share.

For further insights into ZTO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyZTO Express price target raised to $28.60 from $20.50 at Macquarie
TheFlyZTO Express call volume above normal and directionally bullish
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App