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ZTO Express Announces Share Cancellation Impacting Issued Shares

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The latest update is out from ZTO Express ( (ZTO) ).

On March 12, 2025, ZTO Express announced a change in its issued shares, specifically the cancellation of Class A ordinary shares underlying the American depository shares purchased in December 2024 and January 2025. This resulted in a reduction of 5,870,692 shares, representing a 0.72% decrease in the total number of issued shares. This action impacts the company’s share structure and could influence market perception and shareholder value.

More about ZTO Express

ZTO Express (Cayman) Inc. is a company incorporated in the Cayman Islands with limited liability, operating in the logistics and express delivery industry. It is known for providing express delivery services and is listed on the Stock Exchange of Hong Kong with Class A Ordinary Shares.

YTD Price Performance: 3.31%

Average Trading Volume: 2,515,389

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $16.24B

For an in-depth examination of ZTO stock, go to TipRanks’ Stock Analysis page.

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