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Zip Co Ltd. ( (AU:ZIP) ) just unveiled an announcement.
Zip Co Ltd has disclosed an update on its on-market share buy-back, confirming that a total of 15,020,167 ordinary fully paid shares had been repurchased prior to the latest reporting date. The company reported that it bought back an additional 130,000 shares on the previous trading day, as part of its ongoing capital management program first notified in February 2026.
The latest daily notification, dated 5 May 2026, follows a prior update on 29 April 2026 and highlights the continued execution of Zip’s buy-back strategy. This steady pace of repurchases indicates management’s focus on optimising the capital structure and may signal confidence in the company’s valuation to existing and prospective shareholders.
The most recent analyst rating on (AU:ZIP) stock is a Buy with a A$4.00 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 credit products to retail customers and merchants. Its ordinary fully paid shares trade on the ASX under the ticker ZIP, providing investors exposure to the consumer finance and payments segment.
Average Trading Volume: 32,334,961
Technical Sentiment Signal: Buy
Current Market Cap: A$3.03B
For a thorough assessment of ZIP stock, go to TipRanks’ Stock Analysis page.