Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
An announcement from Zip Co Ltd. ( (AU:ZIP) ) is now available.
Zip Co Ltd. has announced a daily update on its ongoing on-market buy-back program, reporting the repurchase of 1,500,000 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 8,825,746. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting confidence in its financial position and future prospects.
The most recent analyst rating on (AU:ZIP) stock is a Buy 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, offering buy-now-pay-later services. The company focuses on providing flexible payment solutions to consumers and businesses, positioning itself as a leader in the digital payment sector.
Average Trading Volume: 22,763,092
Technical Sentiment Signal: Sell
Current Market Cap: A$2.65B
For an in-depth examination of ZIP stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue