Super Retail falls on report that corporate regulator investigating company

SUPER RETAIL

16/10/2024 01:27

** Shares of Australia's Super Retail  SUL.AX  fall as much
as 3% to A$17.41
    ** Stock eyes weakest trading session since early September 
    ** Media reports emerge that the country's corporate
regulator is investigating the retailer and reason why two
former company executives sued the company
    ** Reports suggest that multiple sources who spoke on the
condition of anonymity confirmed the regulator is looking into
several aspects surrounding the case
    ** Stock hits lowest since Sept 18
    ** Stock has risen 17% YTD, as of last close

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com))