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Zip Co Ltd. ( (AU:ZIP) ) has provided an update.
Zip Co Ltd has provided an updated notification regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The company reported that it had repurchased a cumulative 8,344,229 shares prior to the most recent trading day and bought back an additional 1,053,000 shares on the previous day.
The daily update, dated 25 March 2026, follows the initial buy-back notification lodged on 20 February 2026 and a prior update on 24 March 2026. The continued execution of the buy-back indicates management’s ongoing capital management strategy, which may support the share price and signal confidence in the company’s valuation to existing shareholders.
The most recent analyst rating on (AU:ZIP) stock is a Hold with a A$1.50 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 is listed on the ASX under the code ZIP and issues ordinary fully paid shares. The company operates in the financial technology sector, offering consumer-focused payment and credit solutions, with its securities actively traded on the Australian market.
Average Trading Volume: 26,838,984
Technical Sentiment Signal: Sell
Current Market Cap: A$1.92B
Learn more about ZIP stock on TipRanks’ Stock Analysis page.