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Xero Limited ( (AU:XRO) ) has issued an update.
Xero Limited has announced a proposed issue of securities, which includes an offer under a securities purchase plan and a placement. The company plans to issue a total of 11,647,728 ordinary fully paid securities, with the offer closing on July 21, 2025, and the issue date set for July 28, 2025. This move is likely aimed at raising capital to support business operations and growth, potentially strengthening Xero’s market position and providing value to stakeholders.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$170.00 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 technology industry, providing cloud-based accounting software for small and medium-sized businesses. The company focuses on simplifying financial management and enhancing business productivity through its innovative software solutions.
Average Trading Volume: 437,154
Technical Sentiment Signal: Buy
Current Market Cap: A$29.86B
Learn more about XRO stock on TipRanks’ Stock Analysis page.