Home > Industry > Gerry Harvey Dismisses Sell-Off Claims As “Stupid”

Gerry Harvey Dismisses Sell-Off Claims As “Stupid”

Gerry Harvey has dismissed suggestions that his wife’s recent decision to sell off 210,000 Harvey Norman shares was connected to Monday’s dive on the Australian Stock Exchange by the retail giant.

Harvey called questions about Katie Page’s actions “stupid”.

According to him, the sell-off was made in order for Page to pay off some taxes and nothing more.

Harvey indicated that Page still holds close to 14 million shares in the retail giant.

“There’s not a director in Australia who has not been in exactly the same position,” Mr Harvey said on Tuesday.

“As soon as they get options, they have to sell some shares to pay tax,” he said



You may also like
Harvey Norman CEO Signed Off On ‘No Interest’ Campaign That Failed To Reveal Hidden Costs Claim ASIC
Woolworths Wants Costco And Amazon Included In Proposed New Retail Code Of Conduct
EXCLUSIVE: Email Claims Sony Set To Quit TV Market Because Of “Demands Of Mass Retailers”
Oficeworks Starts Flogging Sony TVs Big Retailers Tipped To Respond
Gerry Harvey Has Another Bout Of Verbal Diarrhea This Time It’s All Over Temu