Zip Co buyback close to done as ASX shares keep June rally
Zip Co Ltd starts Monday’s ASX session with most of its buyback cash nearly spent. The on-market bid is close to running dry. Zip's June 26 daily notice showed 23,954,546 shares repurchased so far, with A$47.69 million paid or to be paid, according to the latest buyback update on its investor page as of the dateline. The current buyback is capped at A$50 million and is set to continue until March 5, 2027. The table here does not include any shares bought on June 26, since no June 29 daily notice was posted on Zip’s investor page by the dateline.