Australia's DUG Technology rises as US unit settles legal dispute

DUG Technology

18/03/2026 02:55

** DUG Technology DUG.AX rises as much as 5% to A$2.12, highest since March 2

** Co's unit DUG US enters settlement agreement to resolve all claims with supplier relating to disputed invoice received under energy management services agreement

** Unit to pay $1.5 mln as full-and-final settlement to supplier

** YTD, DUG down 3.2%

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com))