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Zip Co Ltd. ( (AU:ZIP) ) has shared an announcement.
Zip Co Ltd. has announced an update on its ongoing share buy-back program, detailing the purchase of 145,467 ordinary fully paid securities on the previous day, adding to a total of 12,116,033 securities bought back to date. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a proactive approach to maintaining market confidence and optimizing financial performance.
The most recent analyst rating on (AU:ZIP) stock is a Hold with a A$1.95 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, focusing on providing buy-now-pay-later services. The company offers financial products that allow consumers to make purchases and pay for them over time, catering primarily to the retail market.
Average Trading Volume: 21,811,438
Technical Sentiment Signal: Sell
Current Market Cap: A$2.53B
Find detailed analytics on ZIP stock on TipRanks’ Stock Analysis page.