🔴 ZIP.AX is trading 4% down today as the completion of its A$50m buyback removes a key safety net

ZIP.AX is trading 4% down at $3.11 after the completion of its A$50 million on-market share buyback removed a significant source of price support.

• Filings confirmed the company repurchased 24,761,784 shares for a total of A$49,999,991.18, effectively exhausting the program.
• The buyback was originally intended to run until March 2027; its early conclusion removes a near-term safety net that had previously fueled a sharp rally in the share price.