Wesfarmers details special dividend allocation price and capital return

Wesfarmers Limited (WES) announced an update to its special dividend distribution, part of its 2025 capital management initiative. The special dividend component is AUD 0.40 per security and is fully franked at a corporate tax rate of 30%. Shareholders approved the capital return component at the Annual General Meeting on October 30, 2025. The capital return of AUD 1.10 is payable on December 4, 2025, with the special dividend also contingent on this approval.

The Dividend Investment Plan (DIP) allocation price for the special dividend component is AUD 81.00550. This price was determined by the average daily volume-weighted average price of Wesfarmers shares over seven consecutive trading days from November 11 to November 19, 2025. Shares are expected to be allocated to DIP participants on December 4, 2025.

Based on audited data, 12.08% of Wesfarmers Limited shares on issue had a valid election to participate in the DIP for the special dividend. Shareholders eligible to participate in the DIP may do so for the special dividend component, but this does not apply to the capital return component. The payment date for the special dividend is December 4, 2025, with an exception for unquoted shares under the Key Executive Equity Performance Plan, where the payment date will be deferred until vesting and quotation.