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Zip Co Ltd. ( (AU:ZIP) ) has shared an update.
Zip Co Ltd. has announced an update on its ongoing buy-back program, revealing that a total of 910,815 ordinary fully paid securities were bought back on the previous day, adding to the 29,493,172 securities already repurchased. This buy-back initiative is part of Zip Co’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting its commitment to strengthening its market position and delivering value to stakeholders.
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, primarily offering buy-now-pay-later services. The company focuses on providing consumers with flexible payment solutions and has a significant presence in the market for digital payment options.
Average Trading Volume: 14,673,903
Technical Sentiment Signal: Buy
Current Market Cap: A$3.78B
Learn more about ZIP stock on TipRanks’ Stock Analysis page.