Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Zip Co Ltd. ( (AU:ZIP) ) just unveiled an update.
Zip Co Ltd. has announced a daily update on its ongoing buy-back program, reporting the repurchase of 284,602 ordinary fully paid securities on the previous day, bringing the total to 29,208,570 securities bought back to date. 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 offering buy-now-pay-later services. The company focuses on providing flexible payment solutions to consumers, enhancing their purchasing power and offering merchants an alternative payment option.
Average Trading Volume: 14,521,060
Technical Sentiment Signal: Buy
Current Market Cap: A$3.81B
For detailed information about ZIP stock, go to TipRanks’ Stock Analysis page.