Aussie Broadband hits nearly 1-1/2 month high on CEO appointment

Aussie Broadband

17/01/2025 02:37

** Shares of Aussie Broadband  ABB.AX  rise 3.9% to A$3.78,
their highest level since Dec. 6, 2024
    ** Internet service provider appoints insider Brian Maher as
group CEO to replace the retiring Phillip Britt
    ** Maher joined as finance head in 2019, steered ABB to an
ASX listing in 2020
    ** Stock set for fourth straight sessions of gains; trading
volume at 2.8x the 30-day avg
    ** Stock fell by 8.2% last year

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))