BUZZ-Papyrus Australia jumps to over one-month high on restructuring, CEO change

Reuters

2025/08/07

BUZZ-<a href="https://laohu8.com/S/PPY.AU">Papyrus Australia</a> jumps to over one-month high on restructuring, CEO change

** Shares of Papyrus Australia PPY.AX rise as much as 22.2% to A$0.011, their highest level since June 30

** The waste processor says that it will restructure its support functions; to outsource back-office and secretarial functions to Automic Group

** Appoints Daniel Schmidt as chief executive officer

** YTD, shares down 28.6%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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