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The latest update is out from Xero Limited ( (AU:XRO) ).
Xero Limited has announced the issuance of 898,723 restricted stock units as part of a previously disclosed transaction. This move, which involves unquoted securities not intended for ASX listing, reflects the company’s ongoing strategy to manage its equity and incentivize stakeholders, potentially impacting its financial structure and market positioning.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$194.00 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 providing cloud-based accounting software solutions for small and medium-sized businesses. The company focuses on enhancing financial management and reporting for its clients across various markets.
Average Trading Volume: 562,872
Technical Sentiment Signal: Sell
Current Market Cap: A$20.46B
See more data about XRO stock on TipRanks’ Stock Analysis page.