---
title: "Adairs Seeks ASX Quotation for New Shares Issued Under Distribution Plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282114362.md"
description: "Adairs Ltd. has applied for the quotation of 1,277,569 new fully paid ordinary shares on the ASX, issued under a dividend plan on April 7, 2026. This move aims to expand the company's quoted share capital and increase its free float. Currently, the stock holds a Hold rating with a price target of A$1.50. Adairs operates in the consumer discretionary sector, focusing on homewares and bedding products for domestic customers."
datetime: "2026-04-09T00:57:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282114362.md)
  - [en](https://longbridge.com/en/news/282114362.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282114362.md)
generator: "portal-rs"
---

# Adairs Seeks ASX Quotation for New Shares Issued Under Distribution Plan

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The latest announcement is out from Adairs Ltd. ( (AU:ADH) ).

Adairs Ltd., the Australian homewares and bedding retailer listed on the ASX under the code ADH, continues to operate within the consumer discretionary sector supplying household and lifestyle products. The company serves primarily domestic customers through its retail offerings and leverages its established market position in home-related goods.

The company has applied for quotation of 1,277,569 new fully paid ordinary shares on the ASX, issued on 7 April 2026 under a dividend or distribution plan. The additional securities expand Adairs’ quoted share capital, modestly increasing its free float and reflecting the use of equity-based distribution mechanisms for shareholders.

The most recent analyst rating on (AU:ADH) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Adairs Ltd. stock, see the AU:ADH Stock Forecast page.

**More about Adairs Ltd.**

Adairs Ltd. is an Australian-listed retailer that trades under the ASX code ADH and focuses on selling home-related products such as bedding, homewares, and furniture to consumers. The company operates in the consumer discretionary sector, with a market presence built around lifestyle and household goods for the domestic market.

**Average Trading Volume:** 1,268,069

**Technical Sentiment Signal:** Sell

**Current Market Cap:** A$234.1M

See more insights into ADH stock on TipRanks’ Stock Analysis page.

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- [ADH.AU](https://longbridge.com/en/quote/ADH.AU.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**