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Zip Co Ltd. Issues New Performance Rights to Employees

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Zip Co Ltd. Issues New Performance Rights to Employees

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An update from Zip Co Ltd. ( (AU:ZIP) ) is now available.

Zip Co Ltd. announced the issuance of 1,798,424 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to align employee interests with corporate performance, potentially impacting its operational dynamics and stakeholder engagement.

The most recent analyst rating on (AU:ZIP) stock is a Hold 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, offering buy now, pay later services that allow consumers to make purchases and pay for them over time. The company primarily focuses on providing flexible payment solutions to enhance consumer purchasing power and improve merchant sales.

Average Trading Volume: 14,742,512

Technical Sentiment Signal: Buy

Current Market Cap: A$4.01B

Learn more about ZIP stock on TipRanks’ Stock Analysis page.

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