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An announcement from Zip Co Ltd. ( (AU:ZIP) ) is now available.
Zip Co Ltd. has announced an update regarding its ongoing buy-back program, reporting the acquisition of 1,116,798 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 32,287,407. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to optimizing financial performance and market positioning.
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 flexible payment solutions to consumers and businesses, aiming to enhance the purchasing experience and financial management for its users.
Average Trading Volume: 14,700,606
Technical Sentiment Signal: Buy
Current Market Cap: A$3.82B
For detailed information about ZIP stock, go to TipRanks’ Stock Analysis page.