BUZZ-Aussie Broadband hits nearly 1-1/2 month high on CEO appointment

Reuters

17 Jan

BUZZ-<a href="https://laohu8.com/S/ABB.AU">Aussie Broadband</a> hits nearly 1-1/2 month high on CEO appointment

** Shares of Aussie Broadband ABB.AX rise 3.9% to A$3.78, their highest level since Dec. 6, 2024

** Internet service provider appoints insider Brian Maher as group CEO to replace the retiring Phillip Britt

** Maher joined as finance head in 2019, steered ABB to an ASX listing in 2020

** Stock set for fourth straight sessions of gains; trading volume at 2.8x the 30-day avg

** Stock fell by 8.2% last year

(Reporting by Kumar Tanishk in Bengaluru)

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

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