BEST Approves Share Buyback Up To $20M

BEST Inc. (NYSE:BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced that its board of directors has authorized a share repurchase program, under which BEST may repurchase up to US$20 million worth of its outstanding American Depositary Shares (“ADSs”) over the next 12 months.