J&T Global Express climbs on $255 million share buyback plan

J&T Global Express

26/06/2026 03:14

** Shares of J&T Global Express 1519.HK climb 3.1% to HK$8.33, on course for their biggest one-day pct gain since June 15
** Global logistics service provider proposes on-market buy-back plan to repurchase up to 10% of issued shares for up to HK$2 billion ($255.10 million) 
** The shares have been traded at a price that undervalues the group's performance and intrinsic value - co
** YTD, stock down 20.7%, benchmark Hang Seng Index .HSI down 11%


($1 = 7.8401 Hong Kong dollars)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))