Sydney, Feb 19, 2026, 18:29 AEDT — The market has wrapped up trading for the day.
- Xero picked up 0.8% to finish at A$80.55 on Thursday.
- The company, in a filing, disclosed the issuance of 61,445 new shares tied to the Melio acquisition.
- On April 15, another 1.32 million shares will come out of voluntary escrow, according to a different document.
Xero Ltd stock ended Thursday in positive territory. The accounting software firm revealed a minor share issue connected to its Melio buy, while investors kept an eye on a bigger tranche set to exit escrow in April.
This is notable — Xero shares have been jittery lately, and dropping extra stock into the mix doesn’t usually go over well when the mood is fragile. For traders, escrow unlocks often hang over the market, not massive in dollar terms, but still enough to nudge prices around when things are slow.
Xero settled 0.84% higher at A$80.55, moving between A$79.70 and A$81.50 through the session. Shares have slipped roughly 4% for the week, according to data from Intelligent Investor. (Intelligent Investor)
Xero on Tuesday disclosed it had issued 61,445 fully paid ordinary shares as part of wrapping up the Melio transaction, according to a notice filed under section 708A(5)(e) of Australia’s Corporations Act. The cleansing notice serves as a routine disclosure, allowing the new shares to trade without needing an extra prospectus-type document.
The Appendix 2A filing clarified that these shares weren’t issued for cash, but rather as part of the acquisition deal. It also highlighted that 1,315,935 shares are set to come out of voluntary escrow on April 15, 2026, freeing them up for trading. (Company Announcements)
Xero’s been touting its Melio partnership as a chance to link up its accounting software with payments in the U.S.—a market where it’s still working to build a bigger footprint. Back in February, CEO Sukhinder Singh Cassidy told investors the company was “deeply focused” on grabbing hold of “the global AI and US accounting plus payments” opportunity. (ASX Announcements)
But for traders watching the tape day in and day out, it’s the mechanics that matter—fresh stock hitting the market, and the question is always whether that’s genuine selling or just background noise.
Short term, the supply angle could overshadow fundamentals. Should tech sentiment take another hit, even a seemingly minor escrow release might drag, particularly if liquidity is thin.
Heading into the next session, focus is on Xero’s ability to stay above A$80. Any new share moves tied to Melio will be in the spotlight as well. The next key date is the April 15 voluntary escrow release, as noted in the filing.
