Australia's Hansen Technologies loses most in 24 years on CEO exit

Hansen Technologies

19/08/2026 03:20

** Shares of Hansen Technologies HSN.AX fall as much as 29.2% to A$3.010, their biggest intraday pct loss since late August 2002
** Shares of software firm hit their lowest level since mid-Aug 2020
** Company says Andrew Hansen will step down as CEO to be the executive chairman
** Andrew Hansen was CEO and managing director for more than three decades
** YTD, shares down 34.1%

 (Reporting by Nichiket Sunil in Bengaluru)
 ((Nichiket.Sunil@thomsonreuters.com))