Summary by Futu AI
ZTO Express conducted a share repurchase on February 20, 2026, buying back 611,317 American depositary shares (ADSs) at USD 25.30 per share, with total expenditure reaching USD 15.47 million. The repurchase was executed on the New York Stock Exchange, with prices ranging between USD 25.03 and USD 25.42.The repurchase is part of a broader buyback program authorized on June 17, 2025, which permits the company to repurchase up to 80,446,849 shares. To date, ZTO has repurchased 13,833,591 shares under this mandate, representing approximately 1.72% of issued shares at the time of authorization. The company is subject to a moratorium on new share issuance until March 22, 2026.