Woolworths Group is a major Australian company with extensive retail interest throughout Australia and New Zealand. It is the second largest company in Australia by revenue, after Perth-based retail-focused conglomerate Wesfarmers, and the second largest in New Zealand. In addition, Woolworths Group is the largest takeaway liquor retailer in Australia, the largest hotel and gaming poker machine operator in Australia, and was the 19th largest retailer in the world in 2008.
Despite similar names, Woolworths Group has no affiliation with the F.W. Woolworth Company in the United States, the now-defunct Woolworths Group in the UK or the South African chain of retail stores, Woolworths Holdings Limited. Its main operations include supermarkets (under the Woolworths brand in Australia and the Countdown brand in New Zealand), liquor retailing (as BWS and Dan Murphy’s in Australia), hotels and pubs under the Australian Leisure and Hospitality Group (ALH Group) umbrella, and discount department stores under the Big W name in Australia.
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Selling your Woolworths Group (WOW) shares in 4 easy steps
We have perfected one-off share sales so you can sell your shares hassle-free. Aussie Share Sales allows you to sell your shares simply and effectively with funds transferred directly to your nominated bank account.
We specialise in the one off sale of issuer sponsored shares acquired through IPO, employee shares schemes, company floats, or inherited from deceased estates. We are also able to assist in the sale of shares in your maiden or spouse’s name.
Complete the online form
No lengthy or complex forms. Submit your application online in a few simple steps.
Verify your ID
Confirm your identity in seconds with online verification.
We sell your shares
Shares are sold quickly and securely within 1-2 business days at the best available market price. No hidden fees.
You get paid
Your sale settles in two business days. Funds are transferred via direct deposit to your bank account.
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When will you receive the money from selling your Woolworths Group (WOW) shares?
Once you click submit on our online form you can be assured that you will receive the proceeds of your sale without delay. All share sales on the Australian Securities Exchange (ASX) have a settlement period of 2 business days (T + 2). Once settled, the funds are transferred to your nominated bank account. Generally you will received your money within 3 business days, though transfer times may occur depending on your financial institution.
Is there Capital Gains Tax (CGT) when I sell my Woolworths Group (WOW) shares?
When you sell shares there is a tax effect. We recommend you speak to an accountant or other expert in Australian tax law in relation to the sale of your shares and CGT.
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