The Zip Story: Losing 70k shareholders to save a few dollars
Zip's unmarketable parcel buyback caught 78,000 shareholders off guard. A walk through what they did well, what they could have done better, and why the buyback probably wasn't worth it.
Ben Williamson
7 March 2024 · 4 min read
Recently, Zip came into the spotlight after an unmarketable buyback that caught a whole slew of investors unaware.
It hit the media, but I think there are some key points that need more consideration.
Let's have a look.
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