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An update from Zip Co Ltd. ( (AU:ZIP) ) is now available.
Zip Co Ltd. has announced an update regarding its ongoing share buy-back program, with a total of 568,704 ordinary fully paid securities bought back on the previous day, adding to a cumulative total of 24,562,511 securities. This buy-back initiative reflects the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and investor relations.
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 providing buy-now-pay-later services. The company focuses on offering flexible payment solutions to consumers, enhancing their purchasing power in various markets.
Average Trading Volume: 15,353,027
Technical Sentiment Signal: Buy
Current Market Cap: A$4.04B
Find detailed analytics on ZIP stock on TipRanks’ Stock Analysis page.