Australia's Regis hits 5-1/2 year high on improved 2H24 outlook

Regis Healthcare

26/02/2024 03:09

** Shares of Regis Healthcare  REG.AX  rise as much as 5.6%
to A$3.6, their highest level since Sept. 14, 2018
    ** Stock posts its biggest intraday pct gain since Nov. 8,
2023
    ** Residential aged-care services provider says it expects
to benefit in the second half of the 30 June 2024 financial year
from a recent acquisition and additional government funding
    ** REG declared interim dividend of 6.28 AU cents per share
    ** About 233,000 shares change hands, compared with the
30-day average volume of 169,969 shares
    ** Stock up 9.2% this year, as of last close

 (Reporting by Megha  Rani)
 ((Megha.Rani2@thomsonreuters.com;))