Papyrus Australia jumps to over one-month high on restructuring, CEO change
07/08/2025 03:55
** Shares of Papyrus Australia PPY.AX rise as much as 22.2% to A$0.011, their highest level since June 30 ** The waste processor says that it will restructure its support functions; to outsource back-office and secretarial functions to Automic Group ** Appoints Daniel Schmidt as chief executive officer ** YTD, shares down 28.6% (Reporting by Nichiket Sunil in Bengaluru) ((Nichiket.Sunil@thomsonreuters.com))