Australia's Regis Healthcare drops on potential underpayment of employees

Regis Healthcare

09/08/2021 02:25

** Shares of the aged care services provider  REG.AX  fall
as much as 8.1% to A$1.93, their biggest intraday pct fall since
Jan. 20
    ** Co says it identified potential underpayments in the
range of A$30 mln to A$40 mln ($22.02 mln to $29.36 mln) due to
both current and former employees, has commenced review to
determine the extent of underpayments  urn:newsml:reuters.com:*:nASX7kR5v8
    ** Stock hits lowest since July 26
    ** About 773,000 shares change hands, compared with the
30-day average of about 341,000 shares
    ** Stock has risen 11.1% this year as of last close

($1 = 1.3624 Australian dollars)

 (Reporting by Soumyajit Saha in Bengaluru)
 ((Soumyajit.Saha@thomsonreuters.com;))