ZTO Express announced the repurchase of a total of 6,079,478 American depositary shares (ADSs) during December 2024. These repurchases were conducted under the company's previously authorized mandate.
The transactions took place on the New York Stock Exchange, with prices ranging between USD 19.22 and USD 19.6 per share. This activity reflects ZTO's ongoing strategy to manage its capital structure.
The share repurchases are part of ZTO's broader efforts to enhance shareholder value. This move signals the company's confidence in its business prospects and financial strength.
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