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An announcement from Wesfarmers Limited ( (AU:WES) ) is now available.
Wesfarmers Limited announced the issuance of unquoted equity securities, including 268,600 ordinary fully paid shares and 1,939 non-executive director rights. This move is part of an employee incentive scheme, reflecting the company’s strategy to align employee interests with corporate goals, potentially enhancing operational performance and shareholder value.
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 operates in the retail and industrial sectors, providing a diverse range of products and services. The company is known for its focus on consumer goods, home improvement, office supplies, and industrial products, positioning itself as a significant player in the Australian market.
Average Trading Volume: 1,483,306
Technical Sentiment Signal: Buy
Current Market Cap: A$93.01B
See more data about WES stock on TipRanks’ Stock Analysis page.