Xero Limited (AU:XRO) has released an update.
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Xero Limited is set to expand its capital through the issuance of 106,951 new fully paid ordinary shares, with the proposed issue date slated for November 15, 2024. This strategic move aims to raise funds for the company, potentially attracting investors looking to leverage Xero’s growth prospects. Details of the share issuance have been provided in accordance with the ASX Listing Rules, indicating a plan for future growth.
For further insights into AU:XRO stock, check out TipRanks’ Stock Analysis page.
