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Zip Co Ltd. ( (AU:ZIP) ) has issued an announcement.
Zip Co Ltd. has announced a daily update on its ongoing on-market buy-back program, reporting the purchase of 98,042 ordinary fully paid securities on the previous day, bringing the total number bought back to 12,922,673. This buy-back initiative is part of the company’s strategy to optimize 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 and businesses, aiming to enhance the shopping experience and financial accessibility.
Average Trading Volume: 21,874,577
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.71B
See more insights into ZIP stock on TipRanks’ Stock Analysis page.