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Xero Limited Expands Capital Base with New Securities Quotation

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Xero Limited Expands Capital Base with New Securities Quotation

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Xero Limited ( (AU:XRO) ) has issued an announcement.

Xero Limited has announced the quotation of additional securities on the Australian Securities Exchange (ASX), with a total of 97,478 ordinary fully paid shares to be quoted. This move is part of the company’s ongoing efforts to enhance its financial flexibility and support its growth strategy, potentially impacting its market positioning by increasing its capital base.

The most recent analyst rating on (AU:XRO) stock is a Buy with a A$200.00 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 user-friendly platform that helps businesses manage their finances efficiently.

Average Trading Volume: 562,671

Technical Sentiment Signal: Sell

Current Market Cap: A$20.61B

See more data about XRO stock on TipRanks’ Stock Analysis page.

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