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Zip Co Ltd. ( (AU:ZIP) ) has shared an update.
Zip Co Ltd. has announced an update regarding its ongoing share buy-back program, reporting that a total of 664,740 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 33,404,205 securities repurchased. This buy-back initiative is part of Zip Co Ltd.’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting the company’s commitment to optimizing its financial operations.
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, primarily offering buy now, pay later services. The company focuses on providing flexible payment solutions to consumers, aiming to enhance their purchasing power and improve their shopping experience.
Average Trading Volume: 14,774,717
Technical Sentiment Signal: Buy
Current Market Cap: A$3.84B
For a thorough assessment of ZIP stock, go to TipRanks’ Stock Analysis page.