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An announcement from Zip Co Ltd. ( (AU:ZIP) ) is now available.
Zip Co Ltd. announced the cessation of 1,637,757 fully paid ordinary securities through an on-market buy-back, effective June 20, 2025. This move is part of the company’s capital management strategy, potentially impacting its market positioning and shareholder value by reducing the number of shares in circulation.
The most recent analyst rating on (AU:ZIP) stock is a Buy with a A$3.00 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. operates in the financial technology industry, primarily offering buy-now-pay-later services. The company focuses on providing flexible payment solutions to consumers and businesses, positioning itself as a leader in the digital payment sector.
Average Trading Volume: 22,074,419
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.81B
For an in-depth examination of ZIP stock, go to TipRanks’ Overview page.