ZTO Express files HKEX next-day return disclosing share buyback for cancellation
ZTO•Consideration and cancellation
Total consideration was USD 5 million; shares were repurchased for cancellation, not held as treasury shares.
Buyback disclosed in HKEX next-day return
ZTO Express filed a next-day disclosure return showing a buyback of 236,520 ADSs, equivalent to 236,520 A class ordinary shares.
Repurchases were executed on Aug. 27 on the NYSE at USD 21.04 to USD 21.25 per share.
