tiprankstipranks
Trending News
More News >

Cochlear Limited Announces New Securities Quotation on ASX

Story Highlights

An update from Cochlear ( (AU:COH) ) is now available.

Cochlear Limited has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The announcement involves the issuance of 74 ordinary fully paid securities under an employee incentive scheme. This move is part of Cochlear’s ongoing efforts to enhance its financial strategies and incentivize its workforce, potentially impacting its market positioning by aligning employee interests with company performance.

More about Cochlear

Cochlear Limited operates in the medical device industry, specializing in the development and manufacturing of implantable hearing solutions. The company focuses on providing advanced hearing technologies to improve the quality of life for individuals with hearing impairments.

YTD Price Performance: -5.18%

Average Trading Volume: 76

Technical Sentiment Signal: Hold

Current Market Cap: $11.05B

Find detailed analytics on COH stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App