BUZZ-Australia's PEXA hits one-week high after new CEO appointment

Reuters

2024/12/17

** Shares of PEXA Group PXA.AX rise as much as 4.0% to A$12.810, their highest levels since Dec 10

** Co appointed Russell Cohen as the group's managing director and chief executive officer, effective March 31, 2025

** Cohen currently serves as Vice President of Business Development and Corporate Strategy at Softbank 9434.T C&S in Tokyo

** Stock posts its biggest intraday percentage gain since Oct 21

** Stock has risen 11% this year, as of last close

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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