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Zip Co Ltd. ( (AU:ZIP) ) has issued an announcement.
Zip Co Ltd. announced an update on its ongoing share buy-back program, revealing that a total of 23,947,388 securities have been bought back prior to the previous day, with an additional 615,123 securities bought back on the previous day. 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$4.00 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 consumers with flexible payment options and is listed on the Australian Securities Exchange (ASX).
Average Trading Volume: 15,037,970
Technical Sentiment Signal: Buy
Current Market Cap: A$4.26B
For detailed information about ZIP stock, go to TipRanks’ Stock Analysis page.