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ZTO Express Details February 2026 Share Buybacks Linked to Convertible Notes
ZTO Express announced share repurchases in February 2026 for both Class A shares and American depositary shares, including those related to a convertible senior notes offering. The buybacks, detailed in Form 6-K filings, occurred at prices around HKD179.1 and USD25 per ADS, although the total outstanding share count remained around 795.5 million. These actions demonstrate ZTO’s ongoing capital management strategy, using repurchases and convertible financing to adjust its equity structure and signal confidence to investors.