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Codan Seeks ASX Quotation for Additional Ordinary Shares

Story Highlights
  • Codan Limited has applied to quote 6,483 new ordinary fully paid shares on the ASX.
  • The small share issue modestly expands Codan’s capital base and reflects routine capital management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Codan Seeks ASX Quotation for Additional Ordinary Shares

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The latest announcement is out from Codan Limited ( (AU:CDA) ).

Codan Limited has applied for quotation on the ASX of 6,483 new ordinary fully paid shares, to be traded under its existing ticker CDA. The securities, issued on 24 February 2026 following the exercise or conversion of existing instruments, represent a minor expansion of the company’s listed share capital and reflect ongoing capital management within ASX listing requirements.

The most recent analyst rating on (AU:CDA) stock is a Buy with a A$38.50 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.

More about Codan Limited

Codan Limited, listed on the ASX under the code CDA, operates as a publicly traded company in Australia. The company issues ordinary fully paid shares and is subject to the ASX Listing Rules in managing its capital market activities and investor disclosures.

Average Trading Volume: 334,565

Technical Sentiment Signal: Buy

Current Market Cap: A$6.3B

For an in-depth examination of CDA stock, go to TipRanks’ Overview page.

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