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An update from Zip Co Ltd. ( (AU:ZIP) ) is now available.
Zip Co Ltd. has announced an update on its ongoing share buy-back program, revealing that a total of 8,797,577 securities have been bought back prior to the previous day, with an additional 28,169 securities bought back on the previous day. This buy-back initiative is part of Zip Co’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting the company’s commitment to optimizing its financial operations and market positioning.
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, primarily offering buy-now, pay-later services. The company focuses on providing flexible payment solutions to consumers, enhancing their purchasing power and financial management.
Average Trading Volume: 22,912,449
Technical Sentiment Signal: Sell
Current Market Cap: A$2.57B
Learn more about ZIP stock on TipRanks’ Stock Analysis page.
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