Zip Buyback Continues As Australian Retirement Trust Exits Substantial-Holder Status
Closing price · 2026-10-27: $1.70 · +4.94%
Zip bought back two million shares on the previous day, bringing total buybacks to about 12.6 million under its on-market program of up to $50 million, with about 67 million shares remaining under the announced maximum. Australian Retirement Trust ceased to be a substantial holder after changes in its relevant interests, while First Sentier Investors RQI reported a 5.13% holding in Zip, including interests attributed to its parent, Mitsubishi UFJ Financial Group.