BuybackJul 29, 2026, 06:16 AM
ZTO Express Cancels 6.47M Class A Shares Following Buyback
AI Summary
ZTO Express (Cayman) Inc. announced the cancellation of 6,469,787 Class A ordinary shares. These shares were underlying American depository shares that the company had purchased between May 20 and July 6, 2026. The cancellation, which took effect on July 29, 2026, reduced the total issued Class A shares from 563,800,693 to 557,330,906, representing a 0.84% decrease in the company's issued share capital.
Key Highlights
- ZTO Express canceled 6,469,787 Class A ordinary shares.
- The canceled shares were underlying American depository shares purchased from May 20 to July 6, 2026.
- The cancellation was effective on July 29, 2026.
- Total issued Class A shares decreased from 563,800,693 to 557,330,906.
- This represents a 0.84% reduction in the company's issued shares.
Price Impact
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