ZTO (ZTO) Upsizes And Extends Share Repurchase Program

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ZTO UPSIZES AND EXTENDS Share Repurchase Program

November 21, 2022 5:05 PM UTC

SHANGHAI, Nov. 21, 2022 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced that its board of directors has approved further changes to the Company's share repurchase program launched in November 2018 and adjusted in March 2021 (the "Share Repurchase Program"), increasing the aggregate value of shares that may be repurchased from US$1 billion to US$1.5 billion and extending the effective time by one year... More