J&T Express Announces HKD 27.48 Million On-Market Buyback; Treasury Shares Climb to 49.79 Million

Bulletin Express
Sep 25

J&T Global Express Limited (J&T Express-W, 01519) has disclosed the repurchase of 3.16 million Class B weighted voting right (WVR) ordinary shares on 25 September 2026. The shares were bought back on the Hong Kong Stock Exchange at prices ranging from HKD 8.61 to HKD 8.74, delivering a volume-weighted average cost of HKD 8.70 per share and an aggregate consideration of HKD 27.48 million.

Following the transaction, the company’s issued share capital (excluding treasury shares) declined by 0.04 % to 8.63 billion shares, while the treasury-share balance increased from 46.63 million to 49.79 million shares. The total number of issued shares remained unchanged at 8.68 billion, as the repurchased shares are being held in treasury rather than cancelled.

The buyback forms part of the mandate approved by shareholders on 25 June 2026, which authorises the company to repurchase up to 967.47 million shares. To date, J&T Express has repurchased 76.58 million shares under this mandate, equivalent to 0.79 % of the share count outstanding on the mandate’s approval date.

In line with Hong Kong listing regulations, the company is subject to a 30-day moratorium—expiring on 25 October 2026—during which it cannot issue new shares or dispose of treasury shares without prior Exchange approval. J&T Express confirmed that all repurchase activities complied with the Main Board Rules and its previously filed explanatory statement.

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