An update from ZTO Express ( (ZTO) ) is now available.
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ZTO Express has announced a series of share repurchases involving American depository shares, with a total of 6,079,478 shares repurchased under its authorized mandate. These transactions, carried out on the New York Stock Exchange, reflect the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value. The repurchases were executed at varying prices per share, and the company confirms full compliance with all applicable listing and regulatory requirements.
More about ZTO Express
ZTO Express (Cayman) Inc. is an equity issuer incorporated in the Cayman Islands, operating under weighted voting rights. It is listed on the Hong Kong Stock Exchange, focusing on logistics and express delivery services.
YTD Price Performance: -3.20%
Average Trading Volume: 3,309,212
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $15.88B
See more insights into ZTO stock on TipRanks’ Stock Analysis page.