NAB 1.31% $38.71 national australia bank limited

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    Fahour cashes in $3.2m of stock

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    Date: 6/11/2008
    Author: Matthew Drummond
    Source: The Australian Financial Review --- Page: 54
    A top executive at the National Australia Bank (NAB), Ahmed Fahour, has soldsome of his shares in the bank. Fahour, the head of NAB's operations inAustralia, sold 130,000 shares on 3 November 2008, collecting $A3.22 million. Atthe same time, the NAB and other big banks in Australia are inviting theirshareholders to lift their holdings through dividend reinvestment plans


    wonder why he is selling?


 
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