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) ) has provided an announcement.
Zip Co Ltd. has announced an update on its ongoing share buy-back program, revealing that it has repurchased a total of 650,000 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 31,637,407. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting confidence in its financial position and future prospects.
The most recent analyst rating on (AU:ZIP) stock is a Hold 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, allowing them to make purchases and pay over time.
Average Trading Volume: 14,708,237
Technical Sentiment Signal: Buy
Current Market Cap: A$3.82B
For a thorough assessment of ZIP stock, go to TipRanks’ Stock Analysis page.