Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Zip Co Ltd. ( (AU:ZIP) ) has shared an announcement.
Zip Co Ltd. has announced an update on its ongoing on-market buy-back program, reporting a total of 19,823,755 securities bought back before the previous day and an additional 344,279 securities acquired on the previous day. This buy-back initiative is part of Zip’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting the company’s commitment to maintaining a strong market position.
The most recent analyst rating on (AU:ZIP) stock is a Buy with a A$5.40 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 the purchasing power of its users.
Average Trading Volume: 15,179,043
Technical Sentiment Signal: Buy
Current Market Cap: A$5.11B
Find detailed analytics on ZIP stock on TipRanks’ Stock Analysis page.