Wesfarmers Updates Market on Director Alan Cransberg’s Equity Holdings

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2026.02.24 04:33
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Wesfarmers Limited has updated the market regarding non-executive director Alan Cransberg's equity holdings. Cransberg converted 454 unquoted rights into 454 ordinary shares under the Non-Executive Director Equity Plan, maintaining his indirect holdings through family structures. This update reflects routine administration of the equity plan and aims to enhance transparency for investors. The latest analyst rating for Wesfarmers (AU:WES) is a Hold with a price target of A$86.00. Wesfarmers is a diversified Australian conglomerate focused on long-term value creation across various sectors.