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Zip Co Ltd. ( (AU:ZIP) ) has issued an update.
Zip Co Limited has notified the market of the issue of a total of 1,508,159 ordinary fully paid shares following the exercise or conversion of previously unquoted options or other unquoted convertible securities. The new shares, issued in two tranches on 9 March and 13 March 2026, reflect ongoing conversion activity that modestly expands the company’s equity base and may signal continued use of equity-linked incentives or financing structures for stakeholders.
The most recent analyst rating on (AU:ZIP) stock is a Hold with a A$1.50 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 Limited is an Australia-based financial services company listed on the ASX under the code ZIP. It issues ordinary fully paid shares and related equity instruments as part of its capital management and employee or investor incentive structures in the broader fintech and consumer credit market.
Average Trading Volume: 24,311,849
Technical Sentiment Signal: Sell
Current Market Cap: A$2.17B
For detailed information about ZIP stock, go to TipRanks’ Stock Analysis page.