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Zip Co Ltd. ( (AU:ZIP) ) has issued an update.
Zip Co Ltd. has announced an update regarding its ongoing buy-back program, with a total of 491,055 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 13,435,295 securities repurchased. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach in managing its equity and market presence.
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, offering buy now, pay later services. The company focuses on providing flexible payment solutions to consumers and businesses, enhancing their purchasing power and financial management capabilities.
Average Trading Volume: 22,074,419
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.81B
See more insights into ZIP stock on TipRanks’ Stock Analysis page.