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‘Shareholders have suffered’: Kathmandu chair defends not repaying JobKeeper – Sydney Morning Herald

David Kirk has defended Kathmandu’s decision to not repay $18.5 million in government grants and wage subsidies, saying the board did not want to cause more ‘pain’…

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The retailers growth over the half means it will return to paying shareholder dividends for the first time in two years, declaring a 2 cent per share interim dividend, worth a total of $NZ14 million.
Companies have been under increasing pressure recently to repay their JobKeeper receipts if they grew their profits over the half-year, with corporates such as Eagers Automotive and Harvey Norman copping flak from shareholders and politicians.
Kathmandu sales have fallen over the half as the store was…

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