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Zip Co Ltd. ( (AU:ZIP) ) has provided an announcement.
Zip Co Ltd. has announced an update regarding its ongoing buy-back program, revealing that a total of 17,708,498 securities have been bought back before the previous day, with an additional 72,000 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to optimize 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 consumers with flexible payment solutions and has a significant presence in the digital payment market.
Average Trading Volume: 14,889,769
Technical Sentiment Signal: Buy
Current Market Cap: A$6.2B
See more insights into ZIP stock on TipRanks’ Stock Analysis page.