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Zip Co Ltd. ( (AU:ZIP) ) just unveiled an update.
Zip Co Ltd. has announced an update on its ongoing share buy-back program, revealing that a total of 16,958,498 securities have been repurchased prior to the previous day, with an additional 750,000 securities bought back on the previous day. This buy-back initiative is part of Zip Co’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach in managing its equity and market presence.
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, providing buy-now-pay-later services. The company focuses on offering consumers flexible payment options, enhancing their purchasing power and financial management.
Average Trading Volume: 14,940,821
Technical Sentiment Signal: Buy
Current Market Cap: A$5.85B
For an in-depth examination of ZIP stock, go to TipRanks’ Overview page.