BUZZ-Australia's Beamtree Holdings falls on CEO departure

Reuters

2024/10/15

** Shares of Beamtree Holdings fall as much as 13.8% to A$0.250, their biggest loss since Nov. 21, 2022

** Data analytics provider says CEO Tim Kelsey to step down in March 2025 to pursue opportunities in healthcare

** Co appoints Kelsey as Chairman of its Global Impact Committee following his CEO term

** Stock hits its lowest level since early August

** 1.2 mln shares change hands, 6.7x the 30-day avg

** Stock up ~15% YTD, including current session, as at 0435 GMT

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com;))

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