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Macquarie Group Becomes Substantial Holder in Zip Co Ltd.

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Macquarie Group Becomes Substantial Holder in Zip Co Ltd.

Zip Co Ltd. ( (AU:ZIP) ) has provided an update.

Zip Co Ltd., a company in the financial services sector, has announced that Macquarie Group Limited, along with its controlled entities, has become a substantial holder in the company as of March 5, 2025. This development indicates a significant investment and voting power by Macquarie, potentially impacting Zip Co Ltd.’s strategic decisions and market position.

More about Zip Co Ltd.

YTD Price Performance: -30.74%

Average Trading Volume: 16,701,394

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$2.68B

See more insights into ZIP stock on TipRanks’ Stock Analysis page.

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