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Wesfarmers Updates Market on Director Alan Cransberg’s Equity Holdings

Story Highlights
  • Wesfarmers disclosed changes in non-executive director Alan Cransberg’s equity under its director plan.
  • Cransberg converted 454 rights into restricted shares, maintaining additional indirect family holdings unchanged.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wesfarmers Updates Market on Director Alan Cransberg’s Equity Holdings

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

Wesfarmers has reported a change in the equity interests of non-executive director Alan John Cransberg under the company’s Non-Executive Director Equity Plan. The filing details a conversion of 454 unquoted rights into 454 ordinary shares, which are subject to trading restrictions under the plan rules.

Following the transaction, Cransberg now directly holds 454 rights and 454 restricted shares, alongside unchanged indirect holdings through family superannuation and trust structures. The notice reflects routine equity plan administration and provides transparency to investors on director alignment with shareholder interests and the company’s governance practices.

The most recent analyst rating on (AU:WES) stock is a Hold with a A$86.00 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 Australian conglomerate with operations spanning retail, industrials, resources and related businesses. The group typically focuses on long-term value creation for shareholders through a mix of consumer-facing brands and industrial assets across the domestic market and selected international interests.

Average Trading Volume: 1,271,756

Technical Sentiment Signal: Buy

Current Market Cap: A$101.3B

For a thorough assessment of WES stock, go to TipRanks’ Stock Analysis page.

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