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Zip Co Ltd. ( (AU:ZIP) ) has provided an announcement.
Zip Co Ltd. announced an update on its ongoing on-market buy-back program, with a total of 16,458,498 securities bought back before the previous day and an additional 500,000 securities on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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, aiming to enhance financial accessibility and convenience in the market.
Average Trading Volume: 15,151,040
Technical Sentiment Signal: Buy
Current Market Cap: A$5.72B
Find detailed analytics on ZIP stock on TipRanks’ Stock Analysis page.