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Zip Co Ltd. ( (AU:ZIP) ) has shared an announcement.
Zip Co Ltd. has announced an update regarding its ongoing buy-back program, reporting the purchase of 783,780 ordinary fully paid securities on the previous day, contributing to a total of 27,200,920 securities bought back. 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 Hold with a A$3.50 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. The company focuses on offering flexible payment solutions to consumers and businesses, aiming to enhance the shopping experience and financial accessibility.
Average Trading Volume: 14,642,078
Technical Sentiment Signal: Buy
Current Market Cap: A$3.65B
For detailed information about ZIP stock, go to TipRanks’ Stock Analysis page.