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Wesfarmers Limited ( (AU:WES) ) has provided an announcement.
Wesfarmers Limited announced a cash return of capital amounting to AUD 1.10 per security as part of its capital management initiative. This move, which includes a previously announced special dividend of $0.40 per share, reflects Wesfarmers’ commitment to returning value to shareholders and optimizing its capital structure.
The most recent analyst rating on (AU:WES) stock is a Hold with a A$90.00 price target. To see the full list of analyst forecasts on Wesfarmers Limited stock, see the AU:WES Stock Forecast page.
More about Wesfarmers Limited
Wesfarmers Limited is a diversified corporation operating primarily in Australia, engaged in industries such as retail, chemicals, fertilizers, and industrial and safety products. The company focuses on delivering shareholder value through strategic capital management and operational efficiency.
Average Trading Volume: 1,546,084
Technical Sentiment Signal: Buy
Current Market Cap: A$97.74B
Learn more about WES stock on TipRanks’ Stock Analysis page.