Cochlear Limited Announces New Securities Quotation on ASX

Tip Ranks
2025.04.29 03:58
portai
I'm PortAI, I can summarize articles.

Cochlear Limited (AU:COH) has announced a new application for the quotation of 74 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of an employee incentive scheme. This initiative aims to enhance financial strategies and align employee interests with company performance. Cochlear specializes in implantable hearing solutions and aims to improve the quality of life for individuals with hearing impairments. Current market cap stands at $11.05B, with a year-to-date price performance of -5.18%.