Wesfarmers details special dividend, capital return plans

Wesfarmers Limited announced an update to its capital management initiative, comprising an AUD 0.40 per share special dividend and an AUD 1.10 per share capital return. The capital return, approved at the 2025 Annual General Meeting on October 30, 2025, will be paid on December 4, 2025. The special dividend is contingent on this approval. The record date for both components is November 6, 2025.

Shareholders can elect to receive their special dividend payment in Australian dollars (AUD), New Zealand dollars (NZD), or Pound Sterling (GBP). The exchange rates for the special dividend are AUD/GBP = 0.4987 and AUD/NZD = 1.1497. The capital return exchange rates are AUD/GBP = 0.4987 and AUD/NZD = 1.1497.

The special dividend is fully franked at 100%, with an applicable corporate tax rate of 30.00%. Eligible shareholders can participate in the Wesfarmers Dividend Investment Plan (DRP) for the special dividend component, but not for the capital return. The DRP calculation period runs from November 11, 2025, to November 19, 2025, and participation is limited to holders with registered addresses in Australia and New Zealand.