Australia's Verbrec climbs on winning new energy security contracts

Verbrec

25/08/2026 06:24

** Shares of Australia's Verbrec VBC.AX rise as much as 11.8% to A$0.190, marking their biggest intraday pct gain since June 22
** Shares hit their highest level since July 29
** Engineering and mining tech co secures A$16 million ($11.45 million) in new infrastructure, pipeline, maintenance and cybersecurity contracts
** Stock down 17.4% YTD, including session's moves 

($1 = 1.3978 Australian dollars)

 (Reporting by Subhalakshmi Dey in Bengaluru)
 ((Subhalakshmi.Dey@thomsonreuters.com;))