Brief: ZTO Upsizes And Extends Share Repurchase Program

ZTO Express (Cayman)

21/11/2022 22:11

Nov 21 (Reuters) - ZTO Express (Cayman) Inc  2057.HK :
    * ZTO UPSIZES AND EXTENDS SHARE REPURCHASE PROGRAM
    * ZTO EXPRESS (CAYMAN)- APPROVED FURTHER CHANGES TO
COMPANY'S
SHARE REPURCHASE PROGRAM LAUNCHED IN NOVEMBER 2018 AND ADJUSTED
IN MARCH 2021
    * ZTO EXPRESS (CAYMAN)- INCREASING AGGREGATE VALUE OF SHARES
THAT
MAY BE REPURCHASED FROM US$1 BILLION TO US$1.5 BILLION
    * ZTO EXPRESS (CAYMAN)- EXTENDING EFFECTIVE TIME BY ONE YEAR
THROUGH JUNE 30, 2024 FOR SHARE REPURCHASE PROGRAM

Source text for Eikon:  ID:nPn4j4YYa 
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