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
An announcement from Zip Co Ltd. ( (AU:ZIP) ) is now available.
Zip Co Ltd. has announced an update on its ongoing on-market buy-back program, revealing that a total of 1,251,289 ordinary fully paid securities were bought back on the previous day, adding to the 6,431,309 securities already repurchased. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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, providing buy-now-pay-later services. The company focuses on offering flexible payment solutions to consumers, enhancing their purchasing power and providing an alternative to traditional credit options.
Average Trading Volume: 22,622,345
Technical Sentiment Signal: Sell
Current Market Cap: A$2.74B
See more insights into ZIP stock on TipRanks’ Stock Analysis page.