Shan Ahmed Khan

Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech. His coverage ranges from stocks and technology to economic developments across global markets. He worked in investment research and market analysis before becoming a financial journalist and is a graduate of the Lahore University of Management Sciences (LUMS).

Zip Co (ASX:ZIP) share price: A$50m buyback plan lands after brutal earnings slump

Zip Co (ASX:ZIP) share price: A$50m buyback plan lands after brutal earnings slump

Zip Co Ltd announced plans on Friday for an on-market share buyback of up to A$50 million, with the program slated to kick off around March 6 and potentially running for as long as 12 months. Chief executive Cynthia Scott called the buyback a show of “confidence in the strength of our balance sheet.” The company noted it’s able to change, halt, or pull the program if needed, with share purchases capped at no more than 5% above the five-day volume-weighted average price.
Woodside Energy stock rises as oil stays near 6‑month highs — what to watch next week

Woodside Energy stock rises as oil stays near 6‑month highs — what to watch next week

Woodside Energy Group Ltd closed up 1.2% at A$27.43 on Friday, with climbing oil prices helping to push energy stocks higher and wrapping up a solid week for the Australian market. The S&P/ASX200 edged down 0.05%. Santos, meanwhile, dropped 0.9% to A$6.94 after the company reached a 10-year gas sales agreement with the South Australian government.
1 41 42 43 44 45 615