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Southern Cross Media Seeks ASX Quotation for Newly Issued Securities

Story Highlights
  • Southern Cross Media Group operates in Australia’s media sector, providing advertising-supported audio and related services.
  • The company has applied to quote securities issued on 7 January 2026, completing a step in a previously announced market transaction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Southern Cross Media Seeks ASX Quotation for Newly Issued Securities

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Southern Cross Media Group Limited ( (AU:SXL) ) just unveiled an update.

Southern Cross Media Group Limited has lodged an Appendix 2A with the ASX for quotation of a new batch of securities that were issued on 7 January 2026 as part of a transaction previously flagged to the market in an Appendix 3B on 22 December 2025. The application formalises the process for these already-issued securities to commence trading on the ASX, signalling completion of a step in the company’s previously announced capital or transactional arrangements and enabling investors to trade the new securities on-market.

The most recent analyst rating on (AU:SXL) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on Southern Cross Media Group Limited stock, see the AU:SXL Stock Forecast page.

More about Southern Cross Media Group Limited

Southern Cross Media Group Limited, listed on the ASX under the code SXL, is an Australian media company operating in the broadcasting and media sector. It provides advertising-supported audio and related media services to audiences and advertisers across Australia.

Average Trading Volume: 648,151

Technical Sentiment Signal: Buy

Current Market Cap: A$188.3M

For a thorough assessment of SXL stock, go to TipRanks’ Stock Analysis page.

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