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Wesfarmers Limited is one of Australia’s largest public companies and one of Australia’s largest retailers. Its headquarters are in Perth, Western Australia. Wesfarmers owns some popular brands such as Kmart, and Bunnings. The company also operates many other types of businesses, from insurance to mining.
Wesfarmers was founded on 27 June 1914 as the Westralian Farmers Co-operative, which focused on the provision of services and merchandise to the Western Australian rural community; hence the company name.
In 1924, it established the first public radio station in Western Australia with 6WF before it passed into the hands of the Australian Broadcasting Corporation in 1929.
Over the years the company expanded its reach into many diversified businesses, mostly having to do with the primary sector.
The company listing changed its name to Wesfarmers Limited in 1984, coinciding with its restructuring from a co-operative to a public company when it was listed on the Australian Stock Exchange.
Using Sell My Shares you can sell Wesfarmers shares and any other ASX listed shares by completing our simple online form. Our “one-off share trade” service allows you to sell your shares without opening a full blown share trading account.
You can value your wesfarmers shares using our share valuation tool.
As part of the share sale process you will be required to prove your identity, which is also an online process.
We charge brokerage fees to facilitate the sale of shares. Our fees are subtracted from the share sale proceeds, nothing is payable upfront.
Once you sell your Wesfarmers shares, which could take as little as one day, you will need to wait another three days before the money is deposited into your bank account. This is due to ASX settlement procedures, which you can read about here; when do I get my money after selling shares.