BUZZ-Australia's Beam Communications surges on resolving legal dispute

Reuters

01/27

BUZZ-Australia's <a href="https://laohu8.com/S/BCCHF">Beam Communications</a> surges on resolving legal dispute

** Shares of Beam Communications Holdings BCC.AX rise as much as 77.8% to A$0.16, hitting their highest level since August 19

** Stock logs largest intraday pct gain since late October 2016

** Communications tech firm says it received lump sum payment of $9.03 million from Roadpost after resolution of all remaining matters on co's divestment of Zoleo

** Says payment comprises $2.53 million in settlement proceeds and $6.5 million from co's stake sale in Zoleo

** More than 13.8 million shares change hands, 17.8 times the 30-day average

** Stock rose 30.8% last year

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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08:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Australia's <a href=\"https://laohu8.com/S/BCCHF\">Beam Communications</a> surges on resolving legal dispute</title></head><body><p>** Shares of <a href=\"https://laohu8.com/S/BCC.AU\">Beam Communications</a> Holdings <span>BCC.AX</span> rise as much as 77.8% to A$0.16, hitting their highest level since August 19</p><p>** Stock logs largest intraday pct gain since late October 2016</p><p>** Communications tech firm <span>says</span> it received lump sum payment of $9.03 million from Roadpost after resolution of all remaining matters on co's <span>divestment</span> of Zoleo</p><p>** Says payment comprises $2.53 million in settlement proceeds and $6.5 million from co's stake sale in Zoleo</p><p>** More than 13.8 million shares change hands, 17.8 times the 30-day average</p><p>** Stock rose 30.8% last year</p><p>(Reporting by Nikita Maria Jino in Bengaluru)</p><p>((Nikita.Jino@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BCC.AU","symbol_name":"BEAM COMMUNICATIONS HOLDINGS","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260127:nL4N3YS00A:1","article_id":"2606660227","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2606660227","pubTimestamp":1769472798,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Australia's Beam Communications surges on resolving legal dispute** Shares of Beam Communications Holdings 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