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Wesfarmers Director Increases Shareholding

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Wesfarmers Limited ( (AU:WES) ) has issued an update.

Wesfarmers Limited announced a change in the director’s interest, with Friedrich (Tom) von Oertzen acquiring an additional 1,000 fully paid ordinary shares, bringing his total to 2,000 shares. This acquisition was conducted through an on-market trade, reflecting the director’s increased investment in the company, which may indicate confidence in Wesfarmers’ future performance and stability.

More about Wesfarmers Limited

Wesfarmers Limited is a diversified corporation engaged in various industries, including retail, chemicals, fertilizers, and industrial and safety products. The company is known for its extensive retail operations, which include well-known brands and a focus on delivering value to its customers across different market segments.

YTD Price Performance: 6.65%

Average Trading Volume: 1,213

Technical Sentiment Signal: Sell

Current Market Cap: $53.54B

See more data about WES stock on TipRanks’ Stock Analysis page.

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