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The latest announcement is out from Xero Limited ( (AU:XRO) ).
Xero Limited announced the cessation of 36,047 restricted stock units due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic decisions.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$220.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
More about Xero Limited
Xero Limited operates in the software industry, primarily focusing on providing cloud-based accounting software for small and medium-sized businesses. The company is known for its innovative solutions that streamline financial management and reporting for its clients.
YTD Price Performance: 5.65%
Average Trading Volume: 511,465
Technical Sentiment Signal: Buy
Current Market Cap: A$29.32B
See more insights into XRO stock on TipRanks’ Stock Analysis page.