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The latest update is out from Zip Co Ltd. ( (AU:ZIP) ).
Zip Co Ltd. has announced an update on its ongoing share buy-back program, revealing that a total of 440,000 ordinary fully paid securities were bought back on the previous day, adding to the 14,757,636 securities already repurchased. This buy-back initiative is part of Zip Co’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting the company’s commitment to optimizing its financial operations and market positioning.
The most recent analyst rating on (AU:ZIP) stock is a Buy with a A$5.10 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 and businesses, enhancing their purchasing power and financial management.
Average Trading Volume: 15,916,821
Technical Sentiment Signal: Buy
Current Market Cap: A$5.72B
For a thorough assessment of ZIP stock, go to TipRanks’ Stock Analysis page.