Wesfarmers to Pay Investors $1 Billion as Bunnings Soars
date:Aug 21, 2014
7.

Capital Return

Wesfarmers paid A$585 million to shareholders during the first half of the year through a 50 cents-per-share capital return announced last year.

The value of the latest distribution is just ahead of the one-time gain of A$1.04 billion during the year Wesfarmers received from selling off its insurance businesses.

Sales from Bunnings stores open at least 12 months rose 10 per cent in the fourth quarter, the fastest pace of growth at the chain since at least the three months e
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