Australia's QuickFee hits over 9-month high on capital return

Quickfee

03/10/2025 01:48

** Shares of QuickFee QFE.AX rise as much as 13% to A$0.13, their highest level since December 13, 2024

** Fintech firm to return nearly A$28.4 million ($18.74 million) to shareholders, following sale of its US Pay Now business

** Shareholders to get 7.5 Australian cents per share

** Appoints company founder Bruce Coombes as CEO

** YTD, shares up more than 13%

($1 = 1.5156 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))