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Zip’s Shares Surge 20% After Announcing $30 Million Buyback Plan

  • Zip's shares surged 20% after announcing a $30 million buyback plan.
  • The buyback plan aims to increase shareholder value and stabilize the stock amidst market volatility.
  • Zip's shares reached a high of A$1.430, making it one of the biggest gainers on the S&P/ASX 200 index.
  • The buyback program, set at A$50 million, is expected to alleviate market pressure.

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