Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Zip Co Ltd. ( (AU:ZIP) ) has issued an announcement.
Zip Co Ltd has disclosed the issue of 334,048 unquoted performance rights under its employee incentive scheme, with an effective issue date of March 24, 2026. The new securities, which will not be quoted on the ASX, form part of Zip’s broader strategy to use equity-based compensation to attract and retain staff, aligning employee rewards with company performance and potentially diluting existing shareholders modestly over time.
The most recent analyst rating on (AU:ZIP) stock is a Buy with a A$2.60 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 operates in the buy now, pay later and digital payments sector. Its primary offerings are consumer credit and instalment payment products delivered through proprietary technology platforms to retail customers and merchants in Australia and selected international markets.
Average Trading Volume: 30,113,870
Technical Sentiment Signal: Sell
Current Market Cap: A$2.22B
For an in-depth examination of ZIP stock, go to TipRanks’ Overview page.