Australia's nib holdings sees worst day in 3 months on CEO exit

NIB Holdings

29/07/2024 03:39

** Shares of nib Holdings  NHF.AX  fall as much as 5.1% to
A$6.86
    ** Stock's biggest intraday decline since April 26
    ** Health insurer says MD and CEO Mark Fitzgibbon will
retire after 22 years
    ** Trading vol ~1.3 mln shares vs 30-day avg of ~880,000
    ** Stock down 4.7% YTD, including session's moves

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))