J&T Express Cuts Free Float by 1.62 Million Shares via HKD 15.68 Million Buy-back

Bulletin Express
Sep 07

J&T Global Express Limited (J&T Express-W) disclosed a repurchase of 1.62 million weighted-voting-right (WVR) Class B ordinary shares on 7 September 2026, executed on the Hong Kong Stock Exchange. The purchase—at prices ranging from HKD 9.64 to HKD 9.72 per share—totalled HKD 15.68 million, translating to a volume-weighted average cost of HKD 9.69 per share.

The transaction reduced J&T Express’s issued share capital (excluding treasury shares) by 0.0187%, from 8.66 billion to 8.66 billion shares. Concurrently, treasury share holdings increased from 15.54 million to 17.15 million, while the company’s total issued shares remained unchanged at 8.68 billion.

Since receiving shareholder approval on 25 June 2026 to repurchase up to 967.47 million shares, the courier group has acquired 43.95 million shares—equivalent to 0.45% of the share count at mandate date. All repurchased stock to date, including the latest tranche, is being held as treasury shares; none has been cancelled.

Under Hong Kong listing rules, J&T Express is subject to a moratorium on issuing new shares or disposing of treasury shares until 7 October 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10