Australia's Zip saw its shares rise by over 8% following its announcement of a share buyback plan worth up to A$50 million ($30.1 million). The program is expected to commence around April 23. The stock price increased by 8.8% to A$1.295, making it one of the highest performers on the S&P/ASX 200 index, which was up 1.7% at the time. Zip's shares had dropped by 7.4% the previous day due to tariff concerns. The company stated that the number of shares repurchased during the buyback will be influenced by various factors, including market conditions. In February, Zip reported a significant increase in cash earnings in the first half, driven by higher transaction volumes and revenue, as well as improved debt arrears performance.