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Zip Co Ltd. ( (AU:ZIP) ) just unveiled an update.
Zip Co Ltd. has announced an update regarding its ongoing on-market buy-back program, reporting a total of 930,214 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 21,437,566 securities. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.
The most recent analyst rating on (AU:ZIP) stock is a Hold with a A$4.00 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 providing buy-now-pay-later services. It focuses on offering flexible payment solutions to consumers and businesses, aiming to enhance the shopping experience and financial management for its users.
Average Trading Volume: 15,070,054
Technical Sentiment Signal: Buy
Current Market Cap: A$4.34B
Find detailed analytics on ZIP stock on TipRanks’ Stock Analysis page.