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Zip Co Ltd. ( (AU:ZIP) ) has issued an update.
Zip Co Ltd. has announced an update regarding its ongoing on-market buy-back program, with a total of 12,824,380 securities bought back before the previous day and an additional 98,293 securities bought back on the previous day. This buy-back initiative is part of Zip Co’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and reflecting confidence in the company’s future prospects.
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, primarily offering buy-now-pay-later services. The company focuses on providing flexible payment solutions to consumers, enhancing their purchasing power and financial management.
Average Trading Volume: 21,932,702
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.42B
See more insights into ZIP stock on TipRanks’ Stock Analysis page.