Zip Co Limited is trading 9.5% up today at $2.66 following a strong move driven by its active on-market share buyback and a broader risk-on market tone.
- An ASX filing revealed the company repurchased 677,066 shares on June 11 for approximately A$1.64 million as part of a broader 18.82 million-share buyback program.
- The buyback activity and positive market sentiment come as investors look ahead to the company's FY26 results scheduled for release in August.