Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement

Wesfarmers Limited

Retailing of home improvement and outdoor living products and supply of building materials, retailing of general merchandise and apparel products, retailing of office and technology products, manufacturing and distribution of chemicals and fertilisers, industrial and safety product distribution, gas processing and distribution and management of the Group's investments.

WES$55.940
 -0.170 -0.30%

Data last updated:Dec 21, 2023 – 12.22pm. Data is 20 mins delayed.

Previous Close

56.110

Open

55.900

Day Range

55.670 - 56.340

52 Week Range

45.250 - 56.460

Volume

1,165,689

Value

65,234,813

Bid

55.940

Ask

55.960

Dividend Yield

3.47%

P/E Ratio

25.32

Market Cap

63.559B

Total Issue

1,134,177,276

ASX Announcements

2023 Tax Contribution Report

Periodic Reports - Other

  • Dec 13, 2023
  • 11 pages

Completion of SILK acquisition

Scheme of Arrangement

  • Nov 29, 2023
  • 1 page

Change of Director's Interest Notice - R Scott

Change of Director’s Interest Notice

  • Nov 16, 2023
  • 7 pages

Application for quotation of securities - WES

Appendix 2A (Application for Quotation of Securities)

  • Nov 16, 2023
  • 8 pages

Change of Director's Interest Notice - R Scott

Change of Director’s Interest Notice

  • Nov 9, 2023
  • 7 pages

View all WES announcements

This Month

The role of the office in hybrid work remains an open question for our top CEOs.

Why the work from home debate is entering a new phase

Australia’s top CEOs have accepted flexible work is here to stay. But almost four years on from the pandemic, there are growing questions about productivity, culture and career development. 

  • Updated
  • James Thomson
Mike Henry, Amanda Lacaze and Kevin Gallagher

CEOs warn red tape, higher rates holding back investment

The country’s top energy and resources leaders say stresses from higher financing costs are being compounded by activism and unfriendly government policies.

  • James Thomson and Anthony Macdonald
Gina Rinehart is the Australian Financial Review’s Business Person of the Year.

Rinehart calls for tax cuts, criticises renewables and ‘eyesore’ solar panels

Gina Rinehart, named The Australian Financial Review Business Person of the Year, demanded a cut to taxes, while Boris Johnson spoke in defence of Donald Trump.

  • Edmund Tadros and Maxim Shanahan
Gina Rinehart is The Australian Financial Review’s Business Person of the Year for 2023.

Gina Rinehart looks to life beyond the rivers of cash from iron ore

The mining magnate, crowned The Australian Financial Review Business Person of the Year, is recognised for the role she has played in shaping Australia’s economy.

  • Brad Thompson
Sigma Healthcare CEO Vikesh Ramsunder, and Chemist Warehouse co-founder, Mario Verrocchi (R) both will remain in the combined business valued at $8.8 billion.

Sigma could shed customers after Chemist Warehouse merger

The deal, creating an $8.8 billion retail and wholesaling giant, could even be blocked by competition regulators, according to analysts at Morningstar.

  • Carrie LaFrenz and Tom Richardson
Advertisement
Guzman y Gomez – which is also backed by Barrenjoey Capital Partners and Aware Super – is considering an ASX listing.

Guzman y Gomez appoints Kmart and Target executive as new CFO

Backed by TDM Growth Partners, Barrenjoey and Aware Super, the company is attempting to end a period of leadership instability ahead of an ASX listing.

  • Primrose Riordan
<p>

Health, the new frontier for Wesfarmers, Woolworths

Wesfarmers and Woolworths are uniquely positioned to disrupt the health sector by building ecosystems in partnership with insurers and care providers, says Jarden.

  • Sue Mitchell
Pilbara Minerals’ Pilgangoora mine in WA is one of the largest lithium spodumene mines in the world

US targets China’s involvement in Australian critical minerals

New rules laid out by the Biden administration create competitive hurdles for nervous Australian companies and may lead to restructuring.

  • Jennifer Hewett

Chinese ties exclude Australian lithium miners from US cash

Major miners in this country could miss out on US government subsidies because of Chinese investment in this country’s lithium sector.

  • Peter Ker

November

Alastair Symington, CEO of vitamins group Blackmores, says change is coming fast as the croporate world puts an economic value on Nature.

CEOs say climate-based reporting will leave nothing behind

The evolution of such disclosure took 15 years but it will broaden out in the next five years say the bosses of Blackmores, Woolworths and Wesfarmers.

  • Simon Evans
Mineral Resources’ lithium processing plant at Wodgina in Western Australia.

Fire halts production at big Australian lithium mine

One of the world’s biggest hard rock sources is out of action as prices for the battery mineral slump.

  • Peter Ker and Brad Thompson
Retail sales cooled in October but consumer stocks have continued to rise.

Relief rally in retail stocks continues as buyers ‘hit pause’

More signs consumers are minding their spending in the lead-up to Christmas hasn’t deterred a rally sweeping through retail stocks.

  • Updated
  • Joshua Peach
Medical entrepreneur Asher Freilich was an investment banker before turning to medicine.

Wesfarmers-backed InstantScripts fined $742,500 for prescription drug ads

The Therapeutic Goods Association has now issued 45 infringement notices to the telehealth start-up.

  • Jessica Sier
Cut-price app Temu sells everything from women’s fashion to kitchenware and headphones. It is owned by PDD Holdings.

China’s Temu takes off with Australian bargain shoppers

Six months after launching in Australia, the ultra-cheap Chinese marketplace is taking share from better-known incumbents Kogan, Catch and MyDeal.

  • Carrie LaFrenz

October

The Greenbushes mine is owned jointly by IGO, China’s Tianqi and Albermarle.

Australia’s largest lithium mine flags output cut on weak China demand

Greenbushes is part-owned by ASX-listed IGO Limited. Shares in the resources group fell 9 per cent on news it could scale back production.

  • Elouise Fowler and Peter Ker
Advertisement
Rob Scott, right, and Michael Chaney, left, in Perth on Thursday.

Wesfarmers boss wants to see more productivity

CEO Rob Scott told investors at the AGM that strong financial results have continued at Kmart Group.

  • Updated
  • Carre LaFrenz and Brad Thompson

Lithium takeovers ignite the Pilbara

One week after lithium giant Albemarle abandoned its Liontown takeover, South American lithium giant SQM is making moves of its own.

  • Peter Ker
Companies backing social causes such as the Voice to parliament need to better test the views of staff and customers before speaking out, according to a new survey.

Voice not ‘main game’ for ethical companies

Businesses backing social causes need to test the views of staff and customers and back up words with action, a survey has found.

  • John Kehoe
Wesfarmers chairman Michael Chaney was among high-profile corporate backers of the Voice.

How big business will handle a backlash over the Voice

Much of corporate Australia strongly backed the Voice. The result means they are reassessing how to address social issues as past of the ESG agenda.

  • Jennifer Hewett
Wesfarmers boss Rob Scott says business was right to speak up for Indigenous advancement.

Business leaders won’t back down from Voice support

After heavy criticism for the role played by big business in the Yes campaign, employers and directors say they will still keep publicly supporting good causes.

  • Tom McIlroy

Copyright © 2023. Company information displayed on The Australian Financial Review is sourced from Morningstar and ASX and is subject to their terms and conditions as set out in our Terms of Use. The Australian Financial Review does not accept any responsibility for the accuracy and/or completeness of such data or information.