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Zip Co Ltd. ( (AU:ZIP) ) has provided an announcement.
Zip Co Ltd, the ASX-listed fintech behind the ZIP ordinary fully paid shares, operates in the digital payments and consumer finance space with a focus on buy-now, pay-later services. Its platform connects consumers and merchants, offering flexible credit-based payment options across retail and online channels.
The company has continued its on-market share buy-back program, reporting a cumulative 15,555,150 shares repurchased prior to the latest trading day and an additional 405,700 shares bought back on the previous day. The ongoing daily buy-back updates underscore management’s active capital management strategy, potentially supporting earnings per share and signalling confidence in the company’s valuation to investors.
The most recent analyst rating on (AU:ZIP) stock is a Buy with a A$3.10 price target. To see the full list of analyst forecasts on Zip Co Ltd. stock, see the AU:ZIP Stock Forecast page.
More about Zip Co Ltd.
Zip Co Ltd is an Australian-listed financial services company that offers buy-now, pay-later and related consumer finance products through its ordinary fully paid shares traded under the ASX code ZIP. The company operates in the fintech sector, focusing on digital payment solutions and credit services for retail customers and merchants in its key markets.
Average Trading Volume: 31,879,419
Technical Sentiment Signal: Buy
Current Market Cap: A$3.15B
See more data about ZIP stock on TipRanks’ Stock Analysis page.