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Sequoia Clarifies Misattributed Media Comments in ASX Query Response

Story Highlights
  • Sequoia corrected an earlier claim that its CEO spoke to Professional Planner, saying the comments came from an unidentified publication.
  • The company says no further corrections are needed and confirms the clarification was authorised under its disclosure policy.
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Sequoia Clarifies Misattributed Media Comments in ASX Query Response

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Sequoia Financial Group Ltd. ( (AU:SEQ) ) has provided an announcement.

Sequoia Financial Group has clarified to the ASX that its managing director and CEO, Garry Crole, did not in fact speak with a Professional Planner journalist, correcting an earlier statement about the source of comments linked to a trading halt. Crole now recalls speaking with a different, unidentified publication on 20 March 2026, and has apologised to Professional Planner for the mistaken attribution.

The company confirmed that no other elements of its previous response require correction and that this latest clarification was authorised under its continuous disclosure policy by an appropriate officer. The exchange underscores Sequoia’s efforts to address ASX concerns over Listing Rule 15.7 compliance and to reinforce accurate market communications around its regulatory disclosures.

The most recent analyst rating on (AU:SEQ) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on Sequoia Financial Group Ltd. stock, see the AU:SEQ Stock Forecast page.

More about Sequoia Financial Group Ltd.

Sequoia Financial Group Ltd is an Australian-listed financial services company operating in wealth management and advisory. It provides services to financial advisers and their clients, with a focus on listed markets compliance and adherence to ASX continuous disclosure obligations.

Average Trading Volume: 206,544

Technical Sentiment Signal: Sell

Current Market Cap: A$26.97M

See more insights into SEQ stock on TipRanks’ Stock Analysis page.

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