ZTO Express Cancels 25.6 Million Class A Shares Following February Buybacks
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ZTO Express has canceled 25.6 million Class A shares following buybacks in February 2026, reducing its issued Class A shares from 589.4 million to 563.8 million. The company confirmed compliance with Hong Kong's public float requirements and reported a stable market cap of $18.26 billion. Analysts rate ZTO stock as a Hold with a price target of $26.00, while AI analysis suggests an Outperform rating due to strong financial performance and bullish technical momentum. ZTO Express is a leading logistics provider based in Shanghai, China, listed in Hong Kong and the U.S.
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