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An announcement from Wesfarmers Limited ( (AU:WES) ) is now available.
Wesfarmers Limited announced the application for quotation of 115,555 fully paid ordinary securities on the Australian Securities Exchange (ASX). These securities are issued under an employee incentive scheme and are not subject to transfer restrictions. This move is part of Wesfarmers’ ongoing efforts to incentivize employees and align their interests with the company’s performance, potentially impacting the company’s market positioning by enhancing employee engagement and retention.
The most recent analyst rating on (AU:WES) stock is a Hold with a A$92.60 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 conglomerate based in Australia, operating across various industries including retail, chemicals, fertilizers, and industrial and safety products. The company is known for its significant presence in the Australian market, with a focus on delivering value through its diverse portfolio of businesses.
Average Trading Volume: 1,548,220
Technical Sentiment Signal: Buy
Current Market Cap: A$92.9B
See more data about WES stock on TipRanks’ Stock Analysis page.