Yto Express Plans Share Buyback of Up to 2B RMB for 967M B-Class Shares

Yto Express (HKEx: 1519) announced today a proposed open market share buyback program to repurchase up to 967 million B-class shares for a maximum of 2 billion yuan, funded by existing available cash reserves and free cash flow. The company believes the trading price of B-class shares undervalues the group's financial performance and intrinsic value.
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